Taiwan's investment environment flourishing, says President Tsai

Both Taiwanese and foreign firms have been encouraged to invest in the country, Tsai said

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Tsai Ing-wen at a sweet potato ecomuseum in Tainan.

Tsai Ing-wen at a sweet potato ecomuseum in Tainan. (By Central News Agency)

TAIPEI (Taiwan News) — Taiwan’s investment environment has improved over the past two or three years thanks to the hard work of the Premier and the administration, President Tsai Ing-wen said on Friday (May 17) during a press conference in Tainan.

The administration conducted a comprehensive review following the cabinet reshuffle in January, she said, and has now hit a stable, steady rhythm.

The country’s improved investment environment has drawn Taiwanese firms abroad back to the island, she said, and has attracted a host of foreign companies.

Tsai paid a visit to the Kua Kua Yuan Ecomuseum of Sweet Potatoes in Tainan’s Xinhua District on Friday afternoon. She addressed a media conference following a guided tour of the museum alongside general director Chiu Yu-hsiang (邱裕翔).

The government drafted invariable laws as part of its agricultural policy in an effort to stabilize farmers’ income, Tsai said during a speech.

Kua Kua Yuan has adopted an agricultural enterprise model to ensure high grade sweet potatoes remain at a stable price, she said.

The president expressed hope that the industry could continue to develop, and that Taiwan’s sweet potatoes could eventually be exported around the world.

Tsai was asked whether her visit to the countryside marked the start of her presidential campaign.

She remarked that since her election in 2016, she has continuously strived to improve Taiwan’s investment environment, amending legislation to be more friendly to investors and industries.

In the past two or three years, she said, through the great efforts of the Premier and the administration, the government has not only instilled the confidence in Taiwanese investors abroad to return home, but has also attracted a wealth of foreign companies.