The investment reflects a strong trade and investment relationship between Taiwan and Britain, according to a UK minister
Taiwan News
Date: 2018/04/10
By: Teng Pei-ju, Taiwan News, Staff Reporter
TAIPEI (Taiwan News) — A Taiwanese agritech company said Tuesday it would invest
Graham Stuart, U.K. minister for investment of the Department for International Trade and Taoyuan Mayor Cheng Wen-tsan (鄭文燦) (By Taiwan News)
GBP£1,800 million (NT$758 million) in the UK over the next two years and build a vertical farming pilot factory at the National Agri-Food Innovation Campus in York.
Graham Stuart, UK minister for investment of the Department for International Trade, announced this investment project along with the president of YesHealth Agri-biotechnology, Winston Tsai (蔡文清), at the company’s high-tech farm in Taoyuan City.
“This is only the latest announcement in a pattern of mutual trade and investment that has flourished between our economies over recent years,” said Stuart, adding Taiwan and the UK would have huge opportunity for cooperation in biotech, AI, infrastructure, as well as green energy in the future.
“Britain is open for business,” emphasized the minister while referring to the fact that the UK had welcomed many technology companies from Taiwan. [FULL STORY]
