Minister of Economic Affairs Lin Yi-fu (
Speaking at a year-end news conference, Lin said key measures will include setting up an advisory committee, led by Vice Minister of Economic Affairs Shih Yen-shiang (施顏祥), to help provide solutions to foreign investors' difficulties, and a plan to lure NT$724.58 billion (US$20.7 billion) in investments.
In the area of boosting industrial development and research and development projects, advocating a creative culture will be the centerpiece in a government effort to build the country into a creative hub for global enterprises, while greater heed will also be paid to traditional and service businesses as well as to the promotion of e-enterprises and technology upgrading, according to Lin.
To forge a favorable climate for creation and innovation, the economic ministry will provide greater access for foreign talent and companies, including those from China, to be based in Taiwan, he added.
In the area of attracting investment, Lin said his ministry plans to sponsor a high-profile investment seminar in October to woo foreign and domestic investments. The ministry will also set up a task force to remove investment barriers and help foreign investors.
Additionally, the ministry will provide loans of up to NT$1 million for jobless elderly and middle-aged workers to set up their own businesses, while a package worth billions will also be implemented to offer preferential loans for small and traditional businesses.
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