Taiwan investment tour generates interest from Japan(2011/10/12)

October 12th, 2011 | Categories: 2011 | Tags:

An investment promotion tour to Japan headed by Minister without Portfolio Yiin Chii-ming wrapped up Oct. 8 in Tokyo, generating interest from Japanese firms eager to establish Taiwan-based backup production sites.

Comprising nearly 90 senior officials and business leaders, the delegation visited aviation, biotechnology, food safety, information services, software and technical support firms in Nagoya, Tokyo and Yokohama.

“The tour appears to be another successful Taiwan promotion initiative that may well attract additional investment in the country,” officials from the Ministry of Economic Affairs said Oct. 11.

During his seven-day visit, Yiin called on outsourcing and business integration services provider Fujitsu FIP Corp., auto part manufacturer Denso Corp., Mitsubishi Aircraft Corp., heavy machinery producer IHI Corp., and brand management and consulting firm Kakuhodo Inc.

Highlights of the tour included seven memorandums of understanding signed by five Taiwanese firms and research organizations with seven Japanese businesses. The pacts will ensure the signatories capitalize on respective competitive advantages to jointly develop new technologies and markets.

The delegation also organized two forums in Nagoya and Yokohama where Chou Neng-chuan, deputy director-general of the MOEA Industrial Development Bureau, shed light on how Taiwan and Japan’s public and private sectors can team up for further industrial cooperation.

The events attracted over 300 representatives from 200 firms in the regions. More than 80 sessions were also held on the sidelines to create bilateral business opportunities.

Yiin is scheduled to visit north Kyushu, Kobe and other parts of Japan in early November, and will also organize investment forums in those areas to promote Taiwan as an investment destination. (JSM)

Write to Meg Chang at meg.chang@mail.gio.gov.tw
News source: http://www.taiwantoday.tw/ct.asp?xItem=177796&CtNode=436

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