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Taiwanese delegation will visit Japan to attract investment
14
Jul '11
In order to attract new investments to the country, Taiwan's Council for Economic Planning and Development (CEPD) will be sending a delegation to Japan on August 28.

Christina Y. Liu, CEPD Minister said that after the disastrous earthquake and tsunami that hit north-eastern Japan on March 11, several Japanese companies have shown their interest to invest in machinery and textile industries of Taiwan. Hence, the main aim behind the visit of Taiwanese delegation to Japan will be to meet potential investors, Liu added.

Liu further said that the delegation would visit Japan's capital Tokyo and Osaka and would get in touch with Uniqlo, a popular garment brand which recently launched a store in Taipei, and Fanuc Corp., the world's leading producer of CNC (computer numerically controlled) devices and industrial robots.

The earthquake and tsunami have forced several Japanese companies to shift their production units to other countries. For example, the Fanuc Corp. has re-shifted its production to Taiwan. Some other large Japanese machinery companies too have shown their eagerness for setting up component plants in Taiwan.

Fibre2fashion News Desk - India

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