Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen (蔡英文) yesterday announced her “Asian Silicon Valley” initiative, saying that the plan is to create the basis for business development for the next two decades and would welcome talent from all over the world, including China.
In a news conference at DPP headquarters in Taipei, Tsai said that if elected, she would seek to create an integral zone for innovative high-tech industries near Taiwan Taoyuan International Airport to attract talent from within Taiwan and abroad, and push for closer cooperation between businesses in Taiwan and in Silicon Valley in the US, while creating more opportunities for young people.
“I know many Taiwanese who live in Silicon Valley,” Tsai said. “A lot of them have been there for decades. They have rich experience and have accumulated assets. Many of them are investing in start-ups.”
Photo: George Tsorng, Taipei Times
“If we could make connections to this senior talent in Silicon Valley to give Taiwanese entrepreneurs more opportunities, to have more exchanges with angel investors on the US’ west coast, to connect Taiwan’s innovative businesses and capital market with the world, we could find a starting point to move forward,” she said.
Tsai said she does not plan to attract foreign direct investment in the traditional sense, but rather seek to better connect research and development in Taiwan and the Silicon Valley, as well as enhancing exchanges of talent between the two sides.
Taoyuan was chosen for the initiative because of its central location. It is within a three-hour flight of Hong Kong, Shanghai, Seoul, Tokyo or Singapore, as well as being midway between company headquarters in Taipei and research and manufacturing sites in the Hsinchu Science Park.
“The initiative sets the basis for development of Taiwanese businesses over the next two decades and is to overturn the outflow of Taiwanese talent and capital,” Tsai said. “The world is waiting on Taiwan and the DPP will move forward with all of you.”
SPEEDING ELETRIC VEHICLES: Available without license requirements, the low-cost vehicles, especially if illicitly modified, can often reach a dangerous speed The government should crack down on illegal electric bicycles and scooters, the non-profit Consumers’ Foundation said on Friday, citing research on the potentially dangerous speed of the vehicles. Electric bicycles and lightweight electric scooters have gained popularity as they do not require registration and riders do not need licenses, the foundation said, adding that as many as 40 percent of them can reach speeds exceeding the legal limit of 25kph for non-licensed two-wheelers. Some consumers also purchased legal electric vehicles and modified them to reach higher speeds, it said. “If the government does not step up efforts to confiscate these
‘RELIABLE PARTNER’: US Secretary of Health and Human Services Alex Azar praised the ‘Taiwan model,’ saying that the nation brought its spirit to its COVID-19 response The first memorandum of understanding (MOU) on health cooperation between the Ministry of Health and Welfare and the US Department of Health and Human Services was yesterday signed at the Centers for Disease Control in Taipei. The memorandum was signed between the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office in the US, by AIT Director Brent Christensen and Taiwan Council for US Affairs Chairperson Jen-ni Yang (楊珍妮). US Secretary of Health and Human Services Alex Azar and Minister of Health and Welfare Chen Shih-chung (陳時中) witnessed the signing of the memorandum, designed to enhance the nations’
Minister of Foreign Affairs Joseph Wu (吳釗燮) yesterday tweeted a welcome to Somaliland’s first representative to Taiwan, Mohamed Omar Hagi Mohamoud, who arrived on Friday. Mohamoud had “braved Chinese pressure” to take up his new post, Wu wrote. “The fact ‘sovereignty & friendship aren’t for sale’ deserves international recognition,” referring to a Somaliland media report earlier this month that Somaliland President Muse Bihi Abdi had rejected an offer by the Chinese government in exchange for ending its rapprochement with Taiwan. Wu also thanked the US National Security Council (NSC) for praising Taiwan-Somaliland ties. A council tweet on July 10 praised Taiwan
The Taipei City Government yesterday said that construction on the long-suspended Taipei Dome can resume immediately, after it approved a request by the project’s main contractor, Farglory Group. In a statement, the Taipei Construction Management Office said that after it on July 16 issued a new building permit, Farglory submitted revised design plans and an application to resume construction, which the office approved on Friday. Construction had been suspended on the dome, near the Sun Yat-sen Memorial Hall in Xinyi District (信義), for more than five years due to disagreements between the city and the company over the safety of some of