Page 4 - Services

Policy Initiatives

Promotion Plan for Strengthening
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Investment in Strategic Service Industries

The government of Taiwan launched the "Promotion Plan for Strengthening
Investment in Strategic Service Industries" to increase job opportunities in the
service industry in Taiwan, and to assist companies in the service industry to
achieve internationalization and technological development. The ultimate aim is
to expand exports and increase output value.

The National Development Fund (NDF) of the Executive Yuan allocated a
budget of NT$10 billion for investment with its partner, a professional investment
management company, to execute the Plan. The main investees include the
information service industry, Chinese-language e-commerce, digital content,
cloud computing, the convention and exhibition industry, smart retail, gourmet
food internationalization, international logistics, healthcare, health promotion,
design services, chain and franchise businesses, tourism and travel, energy
service companies, and other "strategic service industries" identified by the
program.

Ideal Development Promotion of
Environment Plan Objectives Capital Investment

Strengthen publicization
Grasp trends in 1. Keep policy flexible to allow capital invest-
industrial development ment from all sources. of the Plan’s mechanisms
2. Provide customized and in-depth guidance and concepts
and improve enterprise operations and
Study the policy competitiveness. Provide assistance to
environment for 3. Help investors understand the service enterprises for strengthening
investment and financing industry and build up a strategic services their financing capability
industry investment model.
4. Encourage cross-industry cooperation, and
Establish a model for advance toward technical integration and Strengthen connections
investment in the specialization so as to develop better with the relevant government
services industry business opportunities. oversight agencies
Figure 1 Contents of Taiwan's Promotion Plan for Strengthening Investment in
Strategic Service Industries

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