Public, private sectors cooperate on ‘Asian Silicon Valley’ plan

  • Date: 2016-09-24
  • Source: Department of Information Services, Executive Yuan
<p>20160924 (1).jpg</p>

The  government  will  establish  an  “Asian  Silicon  Valley”  in  Taiwan  by  creating  the  best  conditions  and  environment  in  which  companies  can  thrive  and  form  clusters,  Premier  Lin  Chuan  said  today  at  the  inauguration  ceremony  of  the  Taoyuan  Enterprise  Chamber.

Taoyuan  City,  with  its  outstanding  growth  potential  in  hardware  and  software  engineering,  will  be  the  ideal  technology  hub  for  the  Asian  Silicon  Valley  plan,  Premier  Lin  said.

Since  taking  office  in  May,  the  administration  has  been  promoting  the  “five  plus  two”  innovative  industries—an  Asian  Silicon  Valley,  biomedicine,  green  energy  technology,  intelligent  machinery  and  national  defense,  plus  a  new  agricultural  paradigm  and  a  circular  economy.  The  Asian  Silicon  Valley  plan  is  among  the  most  important  as  it  focuses  on  gathering  talent  and  relaxing  regulations  for  innovative  businesses.  The  initiative  is  also  expected  to  expand  Taiwan’s  presence  in  the  global  economy,  the  premier  said.

The  founding  of  the  Taoyuan  Enterprise  Chamber  marks  an  important  milestone.  Through  the  chamber,  consisting  of  nearly  a  hundred  exceptional  enterprises,  companies  can  link  with  other  sectors,  create  business  opportunities,  learn  from  one  another,  form  partnerships  and  share  experiences.  The  chamber  will  also  serve  as  their  platform  for  participating  in  public  affairs  and  offering  policy  recommendations,  which  would  be  of  significant  help  to  the  government,  Lin  said.

While  the  government  is  responsible  for  promoting  the  people’s  well-being  and  improving  society,  businesses  are  a  main  driving  force  behind  advancements  in  society,  he  continued.  The  government  therefore  must  understand  and  meet  the  needs  of  businesses  and  create  a  healthy  environment  that  will  bring  economic  growth  and  prosperity  to  all.  

In  his  closing,  Premier  Lin  expressed  good  wishes  for  the  success  of  the  Taoyuan  Enterprise  Chamber,  that  it  would  foster  a  better  business  environment,  draw  more  talent  to  Taoyuan,  and  turn  the  Asian  Silicon  Valley  in  Taoyuan  into  another  bright  spot  in  Taiwan’s  industrial  landscape.