To further expand business relationship with local business communities in Southern California, the Economic Division of Taipei Economic and Cultural Office in Los Angeles(TECOLA) hosted the “Taiwan Trade and Investment Opportunities Forum” jointly with Irvine Chamber of Commerce and the Taiwan Trade Center of Los Angeles. The forum is organized mainly for members of Irvine Chamber of Commerce and local business owners to further provide the detailed information about doing business with Taiwan, especially on trade and investment opportunities in Taiwan. The event also featured 1-on-1 meetings for those who were interested in meeting with TECOLA officials.
Director Ming-Shy Chen from Economic Division, TECOLA, in his opening remark, briefed about the long-term bilateral economic relationship between Taiwan and the United States. Mayor of City of Irvine, Steven Choi, also attended the event and promoted the city's upcoming trade mission to Taiwan and South Korea, which will take place by the end of October.
Director Moses Yen from Taiwan Trade Center gave a comprehensive introduction on how his office could help local business get in connect with Taiwan’s suppliers or importers in a low-cost and efficient way. Director Yen also mentioned that Taiwan is geographically located in the center of Pacific Asia, which could play as a gateway to Asia for US companies.
Deputy Director Martin Chen presented about Taiwan’s Investment Opportunities. Mr. Chen mentioned in his speech that Taiwan’s investment environment ranked as No. 3 and No.11 in the world respectively by Business Environment Risk Intelligence (BERI) and International Institute for Management Development (IMD) in terms of global competitiveness. Taiwan has become an ideal investment destination in Asia.
President Max Li from Tri Cascade Inc, who invested and started his Taiwanese subsidiary in 2012, shared his precious experience on doing business with Taiwan, especially on the reasons why he invested in Taiwan instead of China.
Attendees who participated in this forum were primarily owners of small- and medium-sized businesses, which were eager to hear about the business opportunities in Asia. Most of the participants attended the 1-on-1 meetings after the main forum.
