NDC plans to establish national trade, investment firm: minister

Focus Taiwan
Date: 2016/05/25
By: Chen Cheng-wei and Romulo Huang

Taipei, May 25 (CNA) Minister Chen Tain-jy (陳添枝), head of the National 201605250024t0001Development Council (NDC), said Wednesday that his council has been planning to establish a national trade and investment company by the end of this year, as part of the nation’s efforts to promote overseas markets.

The projected national trade and investment firm will have a total capital of NT$10 billion (US$307 million), of which the government’s investment will be less than 50 percent, Chen told a press conference.

He added, however, that the government will enjoy a “certain level of control” on the company’s operations, which will be run as a private enterprise.     [FULL  STORY]

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