Tue, Jul 05, 2011 - Page 12 News List

Taiwan signs five MOUs with Japan

Staff Writer, with CNA

The Institute for Information Industry (III, 資策會) recently signed five memorandums of understanding (MOU) in Japan to encourage commercial cooperation between the two countries in the development of cultural and creative products, the government said yesterday.

The signing of the MOUs came during a visit to Japan last week by Minister without Portfolio Yiin Chii-ming (尹啟銘), a Government Information Office statement said.

Four of the MOUs, signed with international Japanese digital game developers Capcom, Konami, Square Enix and Bandai Namco Games, called for greater cooperation in the cultural and creative sector to open opportunities into the Greater China market, the statement said.

The non-profit Taiwanese institute also signed an MOU with the Japan Research Institute on June 30 that hopes to spawn a wide variety of innovative commercial models and products in the cultural sphere.

The hope is that the deal will create a platform enabling businesses from the two countries to find partners in creating and developing competitive products in global Chinese-language markets.

Yiin also secured commitments from two Japanese companies to increase their investment in Taiwan by more than NT$600 million (US$21 million), the statement said. The companies did not want their names revealed until the projects are officially launched, Yiin’s secretary said.

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