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17 April 2024

Taiwanese companies eye Dubai to cater Africa

By Staff

Taiwanese firms are looking to set up their bases in Dubai in order to cater Africa region, said Shyh Perng Chang, Director at Taiwan Trade Centre in Dubai.

Trade between the UAE and Taiwan expanded 7.4 per cent to $7.2 billion (Dh26.42 billion) in 2014 compared to $6.7 billion (Dh24.6 billion) in the previous year, he said.

Taiwan exports to UAE totalled $1.7 billion (Dh6.24 billion) in 2013 while Taiwan imports to UAE were around $5 billion (Dh18.35 billion).

Taiwan’s ongoing initiative to strengthen the country’s ties was further solidified by its participation and attendance in Gulfood 2015 held in Dubai earlier this month. The country’s effort to encourage trade connection with the Middle East creates opportunities for both the UAE and Taiwan in establishing great shared ventures.

A large number of Taiwanese companies have been participating in the exhibition including a large delegation taking part in the Gulfood 2015.

The Agriculture Bureau of Kaohsiung City Government in Taiwan debuted in the Gulfood to promote the “Best of Kaohsiung”.

Fu-Chin Tsai, the Director-General of the Agriculture Bureau of Kaohsiung City Government, said: “The ‘Best of Kaohsiung’ produce which we bring to Dubai should get an interesting response with our range of produce quietly rarely seen in Dubai.’”