THE Philippines has been chosen as priority country by Taiwan for its “New Southbound Policy.”
This was announced by Dr. Gary Song-Huann Lin, Representative of Taiwan (ROC) to the Philippines, during the 2016 Taiwan Alumni Association Gathering, organized by Taipei Economic and Cultural Office (TECO). The event was attended by a large gathering of about 100 guests and brought together recipients of the Taiwan Scholarship Program, representatives of various Philippine government departments, political parties, media, academia, as well as cultural communities.
In his keynote speech Lin elaborated on the prospects of future cooperation between Taiwan and the Philippines under Taiwan’s “New Southbound Policy.”
The Representative emphasized that, in time of a new era for Taiwan and the Philippines, Manila is seen as the most important country as the gateway for Taiwan to expand multifaceted cooperation and partnership with ASEAN countries.
Taiwan said the Philippines plays an important role under this policy.
Thus, Taiwan said it will further strengthen cooperation with the Philippines in various fields, such as trade and investment, agriculture, fisheries aquaculture, technology, small and medium enterprises, ICT, green technology, climate change, education, and culture.
In this regard, Lin urged Taiwanese entrepreneurs to diversify their investments in the Philippines, saying infrastructure has been continuously improved and the efficiency of operations at ports has also been increasing
Meanwhile, Lin called on Filipino entrepreneurs to engage potential Taiwanese partners in agribusiness, manufacturing, banking, transport and communications, infrastructure and real estate, and tourism and logistics.