Delegation visits investment agency in France
CNAPARIS--A delegation from Taiwan's industrial and commercial sectors visited an investment agency in France on Friday to exchange information about the investment environment in the two countries.
September 29, 2013, 12:03 am TWN
Serge Boscher, a manager at the French government's Invest in France Agency, received the 16-member Taiwanese delegation, which was led by Kenneth C. M. Lo, chairman of the Chinese National Association of Industry and Commerce.
In the meeting, Boscher said France has 39 companies that are ranked among the top 500 in the world, compared with 37 in Germany and 29 in Britain.
This indicates that France is a good place for business growth, he said, expressing hopes that Taiwanese enterprises will invest in his country.
France's aviation and nuclear industries, in particular, are highly competitive globally and are attractive to foreign investors, including companies from Taiwan, he said.
Furthermore, electricity rates in France are the lowest in Western Europe, and the country offers many incentives to foreign investors, he said, adding that France is good choice for cost-conscious foreign investors seeking to expand their business.
France has a population of 65 million, hosts almost 80 million foreign visitors every year and is the second largest consumer market in Europe after Germany, Boscher said. It is a market well worth exploring, he stressed.
Also at the meeting, Michael Ching-long Lu, Taiwan's representative to France, said Taiwan has economic clout in the world market, as it is the world's 18th largest economy and the 17th biggest trading country.