TECO_CR_c_Taiwan.qxd
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T A I W A N b u s i n e s s l services l production support
Taipei Economic and Cultural Office
...TECO
Cooperation of Taiwan and the Czech Republic
Close cooperation between Taiwan
and the Czech Republic has existed for decades.
Mutual relations in economy, science and – significantly
- humanitarian aid have become more intensive.
Cooperation between research institutions
and universities has been growing successfully
and the number of cultural projects has been increasing.
20th anniversary of the Chiang
Ching-kuo Foundation
Chiang Ching-kuo Foundation International Sinological Centre for international
academic exchanges celebrates its 20th
anniversary in Prague this year; therefore
the Centre, together with the world-renowned Taiwanese director, organised a
Film Festival in the Ponrepo cinema. You
could get acquainted with Taiwan also at
the Holiday World book fair, Febiofest, or
at the Taiwanese film festival in Lucerna,
recently organised by the Taipei Economic and Cultural Office (TECO). TECO
continues to act as the main facilitator for
the development of bilateral relations.
New Ambassador,
Mr Chung-I Wang
In September 2016, the Embassy welcomed the new Ambassador, Mr Chung-I
Wang, and at the beginning of the year also the successor to the Director of the
Economic Division, Mr Peter Hsiung. Under their leadership, the Embassy aims to
continue to foster contacts in all areas beneficial to both countries. In economic
area, support for Czech businesses interested in the Asian market, the promotion
of Taiwanese companies in the Czech
speciál 1/2017 T+T T e c h n i k a a t r h
market and intensive communication with
local government institutions is set to continue.
Taiwanese companies invest
in the Czech Republic
In February, a large Czech delegation including representatives of the MIT, CTU
and the city of Písek visited Taiwan, attending the Smart City Summit & Expo conference. The city of Písek had a Tatung photovoltaic plant installed in one of its
nursery schools in November 2016 and
plans, together with the company, to further develop the industrial park in the
Czech Republic. In Pardubice on the other hand, Foxconn signed a $ 100 million
investment memorandum regarding the
so-called Smart City Zone. Important
events where Taiwanese companies involved in system integration (in addition to
Foxconn CZ and Tatung, also ATEN International, K-lump Health, OGREEN) presented their products were the ISSS and
V4DIS conferences.
eGovernment Service
The winner of this year's survey for the
most popular online eGovernment service was eAmbulance, which was establis-
hed on the basis of direct cooperation
between the Vysočina Region and Taiwan. The service was developed by the
Taiwan Institute for Information Industry
and the Vysočina Region has had it translated and integrated into existing information systems in regional hospitals. The
technology of so-called smart cities and
the development of e-government have
become priorities of the Czech government. The participants in the conference
have shown great interest in the stands of
the Taiwanese companies, which presented themselves for the second time in the
Taiwanese pavilion. With the Czech Republic and the island concentrating on Industry 4.0 and the ICT sector, we believe
that more and more Taiwanese entrepreneurs will find opportunities in the Czech
Republic for investment. Between 2000
and 2016, thirty companies from Taiwan
invested in the Czech Republic, creating
22,939 new jobs. The total value of the investments amounted to $ 767 million. In
March of this year, PRIMAX announced
that it had invested 18 million in buying
a 100% Bang & Olufsen s.r.o. (BOCZ), the
Czech subsidiary of B & O. The largest Taiwanese investor in the Czech Republic
remains Foxconn, which, in cooperation
with the KKCG investment group, launched the operation of the Safe DX Data
Center in October.
Asian Silicon Valley - know-how
of the most advanced
multifunctional machine tools
Currently, Taiwan supports intelligent engineering and the Asian Silicon Valley project. In the mechanical engineering sector, a significant merger was concluded in
January. TOS Varnsdorf and Taiwanese
Litz Hightech Corp., focused on research,
development and production of CNC machining centers, opened a joint venture
called TOS Litz with registered capital of
EUR 5 million. The Czech side will offer
the know-how to the most advanced multifunctional machine tools, while the location of the production facility will provide
the Czech producer with access to the
Asian and, as a result of close interconnection, also to the American market. In April, TECO, in cooperation with CzechInvest and Deloitte, organized another year
of the Brno workshop on Investment in