The competitiveness of Taiwan-based firms operating overseas is set for a boost following the launch of a Ministry of Economic Affairs-run service center May 3 in Taipei.
“The Joint Services Center for Taiwan-based Firms represents the government’s commitment to helping these businesses make further advances in the global marketplace,” ROC President Ma Ying-jeou said during the opening ceremony.
According to Ma, Taiwanese firms are a major driver of the country’s economy, with the more than 100,000 locally based companies operating overseas an extension of Taiwan’s business prowess.
Headed by MOEA Deputy Minister Liang Kuo-hsin, the one-stop center will coordinate government resources and assist firms in clearing investment hurdles at home and abroad.
MOEA Minister Shih Yen-shiang said that as Liang is also Taiwan’s chief representative on the Cross-Strait Economic Cooperation Committee, the office could function as a neutral third party in resolving investment disputes.
The minister said with 60.43 percent of the nation’s outbound investment on the other side of the strait, a delegation from the center would visit Taiwan-based firms operating in southern mainland China later this month. “Additional trips to Southeast Asian nations are also in the pipeline,” he added. (JSM)
Write to Meg Chang at meg.chang@mail.gio.gov.tw