TAIWAN WANTS TO DOUBLE NUMBER OF FOREIGN FIRM RHQs

PREMIUM CONTENT. To continue reading please login, or click on SUBSCRIBE above.

August 21, 2012

TAIPEI - The Taiwan Government is hoping to attract more foreign companies to set up regional headquarters in its bid to position Taiwan as an Asia-Pacific regional hub. The number of regional headquarters in Taiwan is expected to double from the current 150 to 300 within three years as more foreign companies expand their presence in the country. "Most existing regional headquarters are seen as being of the 'manufacturing-type,' engaging in high-end manufacturing in Taiwan and managing operations for the Asia-Pacific region," Economics Minister Shih Yen-shiang said.