Sep 27, 2018 Legal Comments Off on Taiwan hoping to become Facebook R&D base: economics minister
Taipei, Minister of Economic Affairs Shen Jong-chin (???) said Thursday that he has put forward an idea for Taiwan to become a research and development base for the American social media and networking service company Facebook.
Shen said that he made the proposal Wednesday to Facebook's Vice President Dan Neary and provided information about the business climate in Taiwan and the incentives available to foreign investors.
Taiwan is ready to welcome foreign investments, Shen said he told Neary, who was in Taipei for an event at which he announced Facebook's plans to expand its "Made by Taiwan" project that was launched last year to teach small-and-medium sized enterprises how to use Facebook to boost exports.
Shen's proposal came in the wake of Facebook's decision earlier this month to establish its first Asia-Pacific data center in Singapore amid speculations that Taiwan was also being considered. In response to reporters' questions Thursday on whether Facebook was considering opening a data center in Taiwan also, head of the company's Taiwan and Hong Kong operations Fei Yu (???) said there were complexities surrounding such a decision.
In 2015, Changhua County Magistrate Wei Ming-ku (???) said Facebook was evaluating the possibility of building its first Asia-Pacific data center in Changhua at a cost of NT$10 billion (US$326 million).
Source: Focus Taiwan News Channel