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Ministry of Economic Affairs,R.O.C.

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2019-08-16 10:35
Export Processing Zone Administration, Ministry of Economic Affairs

Software Parks of the Export Processing Zone Administration (EPZA) learn from Singapore as a foundation for the establishing digital economic innovation ecosystem.

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The Export Processing Zone Administration (EPZA) of the Ministry of Economic Affairs (MOEA) plans to promote innovation-related business cultivation and digital cluster mechanism in order to strengthen the emerging technologies of Kaohsiung and Taichung Software Park. On 23th June 2019, Dr. Huang Wen-Guu, the EPZA Director General, headed over to Singapore to take their start-up transformation counseling and cultivation measures as reference for promoting innovation counsel programs of software parks in the future. The delegate companions are including Dr. Hong Yu-Xiang, the Director of Regional Industry Service Division (RISD) of Institute for Information Industry (III), company representatives of Kaohsiung Software Park (KSP) and Taichung Software Park (TSP) and networking members of Innovation Incubators, such as Southern Taiwan Startup Hub of Executive Yuan.

The EPZA Director General Dr. Huang indicated that the Singapore government has established a business environment for the Southeast Asian market, maintained a good interaction and market connection with Southeast Asian countries, and encouraged manufacturing industries in Singapore that focus on the development of digital technologies and services. Moreover, Singapore government also encouraged manufacturing which requires a large number of human resources to set up factories and develop business in nearby countries in Southeast Asia. By doing so, those manufacturing could be the backing for Technology companies which is going to expand overseas markets. Among the emerging industries, half of Singapore's startup team are international team that has successfully attracted many international companies to consider Singapore a core base for developing the Southeast Asian market.

Dr. Huang said further that Singapore’s Ministry of Education, Enterprise and Monetary Authority all provide various subsidies to assist companies based in Singapore, and cooperate with national universities, Nanyang Polytechnic, nongovernmental accelerators and large international companies to provide services such as innovation team ability improvement, talents cultivation, market expansion, cross-domain cooperation and funding matching. In the future, the development of KSP and TSP will learn from Singapore as foundation of expanding the integration for district industries, universities, research institutes and accelerators and establishing digital economic innovation ecosystem gradually. So that EPZA could help startups find more business opportunities at home and abroad at the same time.

Dr. Hong Yu-Xiang, the Director of RISD of Institute for Information Industry added that the strength of Singapore lies in the connection between software services companies and international markets such as Southeast Asia, while it lacks of relevant experiences of software and hardware integration. However, Taiwan’s strength is software and hardware integration. In the future, software parks and even companies which are providing with capabilities of software and hardware integration could make use of this strength to cooperate with Singapore’s enterprises to access Southeast Asian markets and develop international business opportunities.

The delegation also arranged an experience exchange with Evercomm, an energy management startup founded by Taiwanese young people based in Singapore. Evercomm focused on management and analysis service of industrial energy, and they was assisted by Singapore government when operating Southeast Asian markets, moreover, Evercomm has branch office in Taiwan as well. The delegations could have opportunity to match with Evercomm on software and hardware integration and product sales connection. Both parties involved also have opportunity to expand their business scope in Taiwan and Southeast Asian markets.

Spokesman: Mr. Chien Min Chao (Deputy Director General, EPZA)
Contact Number: 886-7-3611212 ext.801、0928306857
Email: min@epza.gov.tw

Contact Person: Lai, Chi-Fei (Investment Section of the Third Division)
Contact Number: 886-7-361-1212 ext315
Email: chifei@epza.gov.tw