He added that the platform would be “fully utilising Taiwan’s industrial advantages, with the government taking the lead and cooperating with the power of private enterprises to deploy globally and connect the main target markets.” He didn’t provide more details.
President Lai Ching-te said Taiwan would set up a sovereign wealth fund to help its companies expand globally — a move that would tighten Taipei’s ties to markets around the world and counter China’s attempts to isolate it.
“In the future, the government will establish a fund to boost Taiwan’s economic development momentum,” Lai said in a speech in Taipei on Tuesday that marked his first full year in office.
