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Ministry of Economic Affairs,R.O.C.

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2023-08-24 11:54
Export Processing Zone Administration, Ministry of Economic Affairs

The Pingtung Technology Industrial Park assists manufacturers in expanding their business to American markets.

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The Pingtung Technology Industrial Park assists manufacturers in expanding their business to American markets.
Recently, due to the effect of the US-China Trade War, many major international manufacturers have also adjusted their global supply chain layout. To assist manufacturers in expanding the American markets, the Pingtung branch of the Export Processing Zone Administration (PEPZA) of the Ministry of Economic Affairs (MOEA) has cooperated with the Bureau of Foreign Trade, MOEA and the Taiwan External Trade Development Council jointly held the "advance to the US- the new manufacture center in the world" seminar on July 21, 2023. The seminar invited manufacturers from the Pingtung Technology Industrial Park and neighboring Kaohsiung and Pingtung areas to participate in the seminar, hoping to help manufacturers continue to expand the US market and create new business opportunities.
The seminar specially invited, Chang Yu-Hsun, manager of the commercial Section of the American Institute in Taiwan, to illustrate the latest economic and trade situation in the US market. The US is the world's largest consumer market and Taiwan's second-largest trading partner as well. In 2022, Taiwan's exports to the US have exceeded US$75 billion (+14.3%), and Chang Yu-Hsun also analyzes the business opportunities that may be created if the US becomes a new manufacturing center in the world. Then, experts who are familiar with the US market, such as Chen Hsiao-Chang, CEO of the Taiwan Eastbound Alliance-Landing America (TEALA), and Hong Sin-Yu, the project manager of Taiwan External Trade Development Council (TAITRA) Kaohsiung Office, analyzed the way to advance to the US. They also explained how to use Taiwan's economy website as an efficient instrument for manufacturers to expand overseas markets, providing references for representatives of participating manufacturers.
PEPZA indicated that in recent years, PEPZA has continuously invited related agencies such as the Bureau of Foreign Trade of MOEA and TAITRA to assign special personnel to Pingtung Technology Industrial Park to introduce government subsidy resources, award selection and various market expansion activities to manufacturers in the area and nearby, to assist manufacturers in responding to expand overseas markets. The representatives of manufacturers who participated in the seminar raised the questions faced by international trade practices in terms of the content of the lecture, and all received detailed answers. At the end of the seminar, the lecturers and trainees shared practical experiences and harmoniously interacted with each other, and the seminar ended successfully.

Contact Person: Wei, Guei-Hsiung (Second Section of PEPZA)
Contact Number: 886-08-751-8212 ext200
Email: garykvn@epza.gov.tw