The Ministry of Economic Affairs will be hosting a 5th-anniversary ceremony for the Executive Yuans InvesTaiwan Service Center on August 7, 2015, to express its appreciation to all those involved in making the center such a success over the years. The ceremony will also mark the unveiling of a new name for the center -- the InvesTaiwan Invest and Recruitment Service Center, the only official government one-stop window for investment and recruitment services in Taiwan.
The integration of investment and recruitment services is expected to make the provision of these one-stop services more efficient and effective. The center is closely linked with the Ministry of Foreign Affairs, as well as the Ministry of Economic Affairs HiRecruit human resources site, in order to ensure top-quality service. Each case is assigned to a dedicated project manager who takes responsibility from start to finish in helping investors find and recruit suitable overseas industry professional talent. The managers offer assistance in dealing with a variety of matters related to recruiting talent, such as residence issues, visas, work permits, offspring education, and so on, in order to make the process as smooth as possible for the recruiters and those recruited to live and work in Taiwan.
To improve industry development in Taiwan, the center focuses on 10 key areas:
1. Industry 4.0
2. High-level manufacturing equipment
3. Advanced electronic parts and components manufacturing (Including IC design and semiconductors)
4. Smarter systems integrated applications (Including: Big data/Internet of Things/cloud services)
5. 5G & forward-looking communication technology
6. Biotechnology
7. Renewable energy
8. Product and user experience design
9. Creative forward-looking research and development
10. Global financial services
The InvesTaiwan Service Center was founded by the Ministry of Economic Affairs as a one-stop service center, and since its establishment on August 8, 2010, has offered customized service that has won praise from both foreign and local investors alike. Over the past five years, the center has provided dedicated and professional service in more than 1,000 cases, facilitating investment of more than NT$177.168 billion. Among the many companies that have benefited from the center are Hitachi Fortune Transformer, Inc.(Japan & Taiwan), Toray Industries Inc.(Japan), Air Liquide Far Eastern(France), Supermicro Computer Inc.(U.S.A.), Pihsiang Energy Technology Co., Ltd.(Taiwan), and ATMA CHAMP ENT. Corp. To date, most of the enterprises that have utilized the centers services have been in the manufacturing industry, but more and more service sector enterprises have begun to tap the centers resources. These include AVIS(U.S.A.), Costco(U.S.A.), H&M(Sweden), DECATHLON(France), UNIQLO(Japan), the Japanese restaurant chain SUKIYA, and the hair salon chain QB House.
More fruitful results are expected in the second half of 2015, with the opening of Costco(U.S.A.) stores at Zhongli and Guandu, the completion of a FUJIMORI KOGYO CO., LTD. (Japan) factory in the Southern Taiwan Science Park, the opening of Simplo Technologys headquarters in Hukou, the launch of an Outlet Park of Mitsui Fudosan Co., Ltd (Japan) in Linkou, and the start of construction on a new factory by Tocalo & Han Tai TW Co., Ltd (Japan & Taiwan) in the Yung-Kang Technological Industrial Park.
Given that the needs of its clients are so diverse, the center will work with the Ministry of Economic Affairs Industrial Development Bureau, as well as cooperate with six major professional associations, including the Certified Public Accountant, Taiwan Bar Association, Chinese Association of Engineering Consultants, Chinese Association of Real Estate Brokers, Association of Service Industries Taiwan, and the Commerce Development Research Institute. It will also work closely with the industrial promotion offices of the Ministry of Economic Affairs, local governments, and management bureaus of parks and zones in order to provide a more integrated pool of resources and expertise to assist our clients in achieving their goals.
The InvesTaiwan Service Center is a pioneer in the creation of one-stop services for both investment and recruitment in Taiwan and will continue working to upgrade and improve its services in order to help meet all of the varied needs of its investor clients as we move together to a brighter future of ever greater prosperity.