Taiwan deepens trade links with Malaysia at forum

2024/09/10

Taiwan and Malaysia co-hosted the 8th Malaysia-Taiwan Industrial Collaboration Summit Sept. 3 in Kuala Lumpur as part of the two sides’ ongoing commitment to expanding economic opportunities and talent exchange.

According to the Ministry of Economic Affairs, Taipei-based Chinese National Federation of Industries and Kuala Lumpur-based Federation of Malaysian Manufacturers cooperated to stage the forum. More than 300 representatives from the academic, governmental and industrial sectors of both nations participated in the event, where they discussed models of long-term partnerships and the expansion into new global markets.

The symposium’s eight-year history has seen more than 4,000 participants, and 48 memorandums of understanding have been signed since the first MTICS. In recent years the challenge of climate change has led the two parties to collaborate on advancing sustainable development; this year’s meeting incorporated circular economies into the agenda to create innovative business opportunities for both countries’ textile industries, the MOEA said.

Keynote speeches were centered on artificial intelligence, and Ethan Tu, founder of Taiwan AI Labs, and Ho Chin Kuan, vice chancellor of the Asia Pacific University of Technology and Innovation, updated attendees on the AI industries of Taiwan and Malaysia, respectively. Four memorandums of understanding were inked between the two countries to promote renewable energy and cultivate talent, among other projects.

The MOEA added that a seminar on smart medical devices was also held Sept. 4 to showcase Taiwan’s achievements in the smart medical industry. Four Taiwan corporations in the field introduced their products to the Malaysian attendees, the MOEA added. 


Source: Taiwan Today (https://taiwantoday.tw/index.php)