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New Taipei Smart City and Green Industry Alliance Expands into the New Southbound Markets

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While boosting tourism, also boost the economy. New Taipei City Deputy Mayor Yeh Hui-ching led a delegation to Thailand from June 1 to 3 to take part in the "Taiwan one More Time" Taiwan tourism promotion fair, actively promoting New Taipei's tourism resources, and also led the New Taipei Smart City Indus...

New Taipei Smart City and Green Industry Alliance Expands into the New Southbound Markets ⟦4 While boosting tourism, also boost the economy. New Taipei City Deputy Mayor Yeh Hui-ching led a delegation to Thailand from June 1 to 3 to take part in the "Taiwan one More Time" Taiwan tourism promotion fair, actively promoting New Taipei's tourism resources. At the same time, he also led representatives of the New Taipei Smart City Industry Alliance and the Green Energy Industry Alliance to call on Representative Tong Chen-yuan in Thailand and local Thai enterprises, actively recommending New Taipei businesses and seeking trial fields. Witnessed by Deputy Mayor Yeh Hui-ching, the Green Industry Alliance and the Joint General Chamber of Commerce of Taiwan in Thailand signed a memorandum of cooperation, thereby establishing an exchange platform and matching cooperation channels for future Taiwan-Thailand industry linkages, developing new business opportunities and matchmaking chances, with an initial estimate of up to 50 million USD in business opportunities. ⟦5 New Taipei City Deputy Mayor Yeh Hui-ching said that since 2013 (the 102nd year of the Republic of China), New Taipei City has actively promoted southbound investment and exchange through measures such as export expansion, expanded procurement and exhibition subsidies, helping manufacturers establish a presence in ASEAN, South Asia, New Zealand and Australia and create business opportunities. Among them, Thailand is ASEAN's second-largest economy and our country's 12th-largest trading partner. Last year (2017, the 106th year of the Republic of China), the total investment by our country's enterprises in Thailand surged by 920%, the highest increase in nearly a decade, showing that country's enormous economic development potential and the enthusiasm of domestic enterprises for investment. In recent years, the Thai government has fully promoted the economic reform plan "Thailand 4.0", focusing on developing the country's existing industries such as smart electronics, as well as future new technology industries such as the digital Internet of Things, and also plans to raise the proportion of renewable energy in its energy mix. Therefore, this trip to Thailand specially arranged visits and exchanges with local enterprises in the fields of green energy and smart city industries. ⟦6 The Economic Development Bureau said that promoting enterprises' southbound investment and business opportunity expansion is the consistent policy of the New Taipei City Government. In the future, the city government will continue to use diverse measures such as export expansion, expanded procurement and assisting enterprises with overseas exhibitions to lead New Taipei enterprises in expanding southbound investment and creating business opportunities.

Competing in tourism also means competing in the economy. New Taipei City Deputy Mayor Yeh Hui-ching led a delegation to Thailand from June 1 to 3 to take part in the "Taiwan One More Time" revisit Taiwan travel fair, actively promoting New Taipei's tourism resources. At the same time, he also led representatives of the New Taipei City Smart City Industry Alliance and the Green Energy Industry Alliance to call on ROC Representative to Thailand Tung Chen-yuan and local Thai enterprises, actively recommending New Taipei businesses and seeking trial-field opportunities. Witnessed by Deputy Mayor Yeh Hui-ching, the Green Energy Industry Alliance and the Joint General Chamber of Commerce of Taiwan in Thailand signed a memorandum of cooperation, thereby establishing an exchange platform and matching cooperation channels to link Taiwanese and Thai industries in the future, develop new business opportunities and matching opportunities, with an initial estimate of up to US$50 million in business opportunities.

New Taipei City Deputy Mayor Yeh Hui-ching said that since 2013 (the 102nd year of the Republic of China), New Taipei City has actively promoted southbound investment and exchanges through measures such as export expansion, expanded procurement and exhibition subsidies, helping manufacturers establish a presence in ASEAN, South Asia, New Zealand and Australia and create business opportunities. Among these, Thailand is the second-largest economy in ASEAN and Taiwan's 12th-largest trading partner. In the previous year (2017, the 106th year of the Republic of China), total investment by Taiwanese enterprises in Thailand surged 920%, the highest increase in nearly a decade, demonstrating the country's enormous economic development potential and the enthusiasm of Taiwanese enterprises for investment. In recent years, the Thai government has been fully promoting the economic reform plan "Thailand 4.0", focusing on developing the country's existing industries such as smart electronics, as well as future new technology industries such as the digital Internet of Things. It also plans to raise the proportion of renewable energy in its energy mix. Therefore, this trip to Thailand specially arranged visits and exchanges with local enterprises in the fields of green energy and smart city industries.

The Economic Development Bureau said that promoting southbound investment by enterprises and expanding business opportunities is a consistent policy of the New Taipei City Government. In the future, the city government will also continue to use diverse measures such as export expansion, expanded procurement and assisting enterprises to exhibit overseas, leading New Taipei enterprises to expand southbound investment and create business opportunities.

▲New Taipei Smart City and Green Industry Alliance Expands into the New Southbound Markets

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