The Council for Economic Planning and Development (CEPD) said yesterday that all ministries under the Cabinet are set to establish ad-hoc investment promotion offices as part of the government’s concerted efforts to solicit foreign investment.
Council for Economic Planning and Development Deputy Minister Hwang Wang-hsiang (黃萬翔) has been appointed to head its investment promotion office and will be responsible for coordinating the other ministerial investment solicitation offices.
“Each ministry’s investment promotion office will be headed by a deputy minister,” Hwang said, adding that the council would receive information regarding the organization of each office and its own investment promotion plans today.
The council’s ad-hoc investment promotion office, which was established yesterday, will set up a Web site offering services on the coordination of investment promotion plans between various ministries.
“We have asked seven or eight major ministries to submit their own investment promotion plans along with flagship projects by the end of this month,” Hwang said.
These projects will be introduced to potential investors from home and abroad during upcoming investment solicitation orientations, which are scheduled to be held in Taipei, Taichung and Kaohsiung on Aug. 23, Aug. 27 and Aug. 30 respectively, he said.
Starting in the fourth quarter, the government will organize investment promotion conferences overseas, including Japan, Hong Kong, Singapore, Europe and the US. Representatives from local financial organizations and venture capital funds will be invited to attend the events.
Council for Economic Planning and Development Minister Christina Liu (劉憶如) said last week that global investment-solicitation initiatives would be launched next month and aim to attract NT$1.8 trillion (US$56 billion) of investment capital over the next six years.
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