Cabinet Secretary-General Kung Ming-hsin (龔明鑫) is to lead a Taiwanese delegation to the US tomorrow to attend the 2025 SelectUSA Investment Summit in Maryland from Sunday to Wednesday, the Executive Yuan said in a statement yesterday.
The mission aims to deepen industrial and technological cooperation between Taiwan and the US, Cabinet spokesperson Michelle Lee (李慧芝) said at a press conference earlier yesterday.
The delegation was originally to be led by Vice Premier Cheng Li-chiun (鄭麗君), but due to the demanding nature of Taiwan-US negotiations, Kung will take her place.
Photo: CNA
Hosted by the US Department of Commerce, the SelectUSA Investment Summit is the premier event for promoting foreign direct investment (FDI) in the US, the Cabinet said in the statement.
The event aims to strengthen connections between international companies and the US market, the Cabinet said, adding that each summit brings together senior US officials, state and local economic agencies, industry leaders and corporate executives to discuss the investment environment, industry trends and emerging opportunities.
The summit provides in-depth market information for potential investors and creates opportunities for direct business cooperation. It serves as a premier platform for global businesses to access opportunities and expand into the US market, according to the statement.
The American Institute in Taiwan (AIT) plays a key coordinating role in this year's summit, providing customized planning to help Taiwan's key industries establish a presence in the US market, the Cabinet said.
The Taiwanese delegation consists of representatives from a wide range of industries, including information and communications technology (ICT), semiconductors, artificial intelligence (AI), chemical engineering, biotechnology, smart manufacturing, aerospace and financial services, according to the statement.
In addition to the summit, the AIT will host three subgroup events focused on semiconductors, AI and quantum technology, and drones to help Taiwanese businesses explore cooperation opportunities with US companies and expand their market presence, the Cabinet said.
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