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The phrase 'place considerable importance' is correct and can be used in written English.
You can use this phrase to express the idea that something is seen as very important or is given a lot of value. For example, "At our company, we place considerable importance on creating a safe and respectful workplace."
Exact(2)
Of course, an agent may place considerable importance on honouring previous commitments.
In contrast to the prospective examples, it was recognized that some decision makers within sponsor organizations do not realize that regulators also place considerable importance on the additional learning that can be gained from late-stage drug development, which can be enhanced through the application of M&S.
Similar(58)
But Secretary General Kofi Annan has placed considerable importance on producing the convention as soon as possible.
Novices placed considerable importance on largely intangible aspects of the interactive days, such as emotional support and collegiality which contributed to their confidence.
The design of IPv6 places considerable importance on the future by dedicating 28 bits of the standard header to QoS-related fields, including the 8-bit traffic class and 20-bit flow label.
This places considerable importance on good coverage of the specialty at an undergraduate level.
Informants also placed considerable importance on continuing the life of a patient for the family rather than for the patient himself/herself.
Therefore they placed considerable importance on the impact of informational, relational and managerial continuity on their relationship with individual families, as shown in the following sub-themes.
As discussed further below, the Suizhou government, in particular, places considerable importance on PMS by implementing a comprehensive examination before marriage and emphasizing free premarital screening.
As informed by the MTA study and in line with clinical guidelines, the DACCP places considerable importance on accurate dose titration, with the aim of achieving maximum benefit with minimal adverse effects.
Nevertheless the town remained a place of considerable importance until the close of the 17th century.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com