A large investment and trade delegation, led by Christina Liu, minister of Taiwan’s Council of Economic Planning and Development, is scheduled to visit the US from May 14 to 21. The delegation will hold investment conferences and visit local businesses in New York, San Francisco and Los Angeles, respectively, to promote increased investments in Taiwan. In San Francisco, the conference will be held at the Westin St. Francis Hotel (near Union Square) on May 18.
With more than 100 members in the group, it is the largest delegation from Taiwan aimed at establishing strategic alliances between Taiwanese and American businesses. The group covers five major areas of investment, ranging from biotech and medical tourism, renewable energy & electric vehicles, high-tech industries (including cloud computing, information and communication technologies), cultural and creative/digital content industry, and land development and hotel industry. Nine central government agencies and two local government (Hsinchu County and Penghu County) are sending officials to accompany the delegation in order to readily answer participants questions and help open doors in Taiwan.
Since taking office in 2008, President Ma Ying-jeou’s administration has injected new energy into Taiwan’s economy. With the recent signing of the FTA-like Economic Cooperation Framework Agreement (ECFA) between Taipei and Beijing, the island’s close business connection with China and its location as a Asia-Pacific hub will be further utilized. Bay Area businesses can take advantage of Taiwan’s experience in the Chinese markets by forming strategic alliances with Taiwanese counterparts at the conference. Currently, US is the third largest trading partner of Taiwan and also the largest source of foreign investment, while Taiwan is the ninth largest trading partner of the United States. For more information, please visit website http://investtaiwan.nat.gov.tw/library/main_eng_general.jsp.
The delegation will hold the conference at the Tower Salon A of the Westin St. Francis Hotel (335 Powell Street) from 8:30am to 12:30pm. Individual consultations may also be arranged in the sub-chambers. Minister Liu will deliver a keynote speech on the future of investment in Taiwan at 9:40am. Admission is free, but pre-registration is required at https://www.citievents.com/Metron/forms/2011TaiwanInvest_SFO.form.