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Ministry of Economic Affairs,R.O.C.

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2019-12-11 17:09
Industrial Development Bureau, Ministry of Economic Affairs

Strengthening the Asia Pacific Industrial Collaboration Platform -MOEA and CFNI Join Hands to Assist Taiwanese Companies in Expanding Business in New Southbound Policy Target Countries

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Launch of New Book Strengthening the Asia Pacific Industrial Collaboration Platform
The Ministry of Economic Affairs (MOEA) and the Chinese National Federation of Industries (CNFI) on November 28 co-hosted the Third Annual Forum of Asia Pacific Industrial Collaboration Platform, inviting four Taiwanese companies that have already started business operations in New Southbound Policy (NSP) target countries to share their experiences and insights with nearly 400 participants.

Entering its third year, the Asia Pacific Industrial Collaboration Platform, established by the MOEA and the CFNI, has aimed to help Taiwanese enterprises explore business opportunities in NSP target countries, and has received fruitful results. At the Forum, the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs also announced launch of the book, entitled Strengthening the Asia Pacific Industrial Collaboration Platform, featuring a collection of success stories of Taiwanese companies that started operations in NSP target regions. With the book, it is hoped that the Platform can be introduced to a wider range of readers, inviting more companies to join the Platform to explore industrial collaboration opportunities.

Jang-Hwa Leu, Director General of the Industrial Development Bureau under the Ministry of Economic Affairs, in his opening remarks extended his appreciation to the Chinese National Federation of Industries (CNFI) for establishing the Asia Pacific Industrial Collaboration Platform together with the Ministry. To date, the Platform has successfully facilitated collaborations in sectors including textiles, food processing, biotechnology, automation, information services, shipbuilding, water resource management and talent training. For example, one of the panelists, Chien Fu Shipbuilding Co., Ltd., which also shared its experience in the book, will soon start building a shipyard in Indonesia for manufacturing boats using Fiberglass Reinforced Plastics (FRP). In the book, more success stories can be found, offering highly valuable insights to companies that are interested in entering these new markets.

Strengthening the Asia Pacific Industrial Collaboration Platform is the third book published by the Industrial Development Bureau under its New Southbound Policy for New Growth series. This year, a total of 23 companies that have started operations in the NSP target countries were interviewed to share their experiences. It is expected through the publication of the book that more enterprises will come to better understand the Asia Pacific Industrial Collaboration Platform, and utilize the resources offered by the Platform to strengthen collaborations with partners in the NSP target countries as well as discover more business opportunities.

Faced with uncertainty of the U.S.-China trade friction, the Ministry of Economic Affairs (MOEA) and Chinese National Federation of Industries (CNFI) will continue working together to promote industrial collaborations with NSP target countries via the Platform, assisting Taiwanese manufacturers in diversifying export markets and production bases and exploring the business potential of the domestic markets of these countries.
Contacts
Agency in charge:
Industrial Policy Division, Industrial Development Bureau, Ministry of Economic Affairs
Contact person:
Ms. Lee
Telephone:
+886 22754-1255 ext.2650