India's HCL opens office in Israel

Jerusalem, Jan 1 (PTI) India's leading IT service
provider, HCL Technologies Ltd, is opening an office in Israel
at one of its high tech parks.
The Indian hi-tech firm has rented a 400 square metre
office in Yokneam from Meshulam Levinstein Contracting and
Engineering Ltd along with 15 parking places on a five year
lease with an option to extend the term by the same number of
years, business daily 'Globes' reported.
HCL will be paying a rent of about USD 6,700 per month
to its Israeli contractors for the office and the parking
place, the daily said.
"The rent reflects the high quality of the building
and the demand for it. The Yokne'am High Tech Park is designed
for Israeli and international high-tech companies, offering
them a strategic location in a priority development area,"
Levinstein President, Shaul Lotan said. PTI CORR
SAK