The foreign ministry would like to see more of Taiwan's larger and more established businesses invest in Central America. That's the word from Andrea Lee, head of the ministry's Department of International Cooperation and Economic Affairs.
President Tsai Ing-wen recently returned from a trip to four of Taiwan's diplomatic allies in Central America � Honduras, Nicaragua, Guatemala and El Salvador. Her party included a number of executives from prominent Taiwanese businesses including Taisugar, computer maker Acer and representatives from the textile, agricultural and hotel sectors among others.
Lee said that many individual Taiwanese businesspeople already have interests in Central America. But investment from larger companies would be beneficial to ties and to trade.
"Right now we have a number of our businesspeople in Central America who started their own business � they themselves went over there and started their own business. We would like to encourage our medium and larger enterprises, which have already seen success, to invest in Central America. There's no shortage of smaller or personal businesses � many of those types of enterprises are already investing over there," said Lee.
Lee said that the countries of Central America have a combined population double that of Taiwan. He said these developing countries with their relatively young populations represent promising markets and trade partners.
Source: Radio Taiwan International
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