Taiwan and Slovakia successfully concluded a joint investment opportunity forum June 5th in Taipei City, according to the Ministry of Economic Affairs.
Led by Slovakia’s Deputy Minister of Economy Peter Svec, a 26-member delegation of officials and business representatives from the Central European country attended the one-day event staged during the third session of the Taiwanese-Slovak Commission on Economic Cooperation at Taipei International Convention Center.
During his opening remarks, MOEA Investment Services Director Zhang Ming-bin said that Slovakia boasts advantages in the automotive, aviation, electronics, information and communications technology, manufacturing and medical industries. Operation costs in the country are also lower than in other parts of Europe, he added.
In response, the Slovak Investment and Trade Development Agency representative expanded upon the benefits of investing in Slovakia, including the country’s A credit rating, multilingual talent pool and robust intellectual property protections.
According to the MOEA, Taiwan plays a critical role in global supply chains and has proven itself a reliable partner and safe investment destination. The government is committed to enhancing supply chain resilience and will continue deepening economic partnership with like-minded European countries like Slovakia while helping domestic companies establish overseas bases, the ministry said. (POC-E)
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