TAIPEI (Taiwan News) — Foreign Minister Lin Chia-lung (林佳龍) on Friday called on Taiwan firms to stay rooted in Taiwan while expanding worldwide through closer cooperation with the government.
Speaking at an awards ceremony organized by the Taiwan Industrial Technology Association at National Taiwan University Hospital International Convention Center, Lin said the government will keep working with private firms to strengthen Taiwan’s reputation as a trusted technology partner. He said stronger cooperation can help Taiwan’s technology industry become more competitive in global markets.
The foreign minister said Taiwan’s work under the New Southbound Policy and the 5+2 Industrial Innovation Plan had built a strong base for overseas trade. He said the government would support President Lai Ching-te’s (賴清德) plan to expand Taiwan’s global economic role.
Lin said Taiwan can help companies enter global markets by linking large and small firms, combining public and private resources, and using both technology and services. He said the goal is to help Taiwan businesses grow abroad while keeping their main strengths at home.
Lin said the ministry is promoting several projects with Taiwan’s diplomatic allies. These include a smart technology park in Paraguay and an industrial innovation park in Eswatini.
“The projects combine Taiwan’s technology and industry strengths with government support,” Lin said. He added that closer Taiwan-US trade and investment ties also give local companies more chances to expand overseas.
Lin said Taiwan should use its technology industry to reach more international markets. He said Taiwan should not only be seen by the world, but also welcomed by the world.
Both the New Southbound Policy and the 5+2 Industrial Innovation Plan were designed to make Taiwan’s economy stronger, more diverse, and more connected to the world. However, the New Southbound Policy focuses on building ties with Southeast Asia, South Asia, Australia, and New Zealand, while the 5+2 plan focuses on developing key industries inside Taiwan.
