EBRD fo­rum re­gard­ing de­vel­op­ing mar­kets to be held in Septem­ber

The China Post - - LOCAL - BY JOSEPH YEH

A Euro­pean Bank for Re­con­struc­tion and De­vel­op­ment (EBRD) busi­ness op­por­tu­ni­ties brief­ing will be held next month in Taipei to at­tract more Tai­wanese in­vest­ment to four de­vel­op­ing mar­kets, the Min­istry of For­eign Af­fairs (MOFA) an­nounced yesterday.

Michael Hsu ( ), di­rec­tor­gen­eral of MOFA’s Depart­ment of In­ter­na­tional Or­ga­ni­za­tions, said the EBRD is go­ing to hold the event on Sept. 8 at Shangri-La’s Far Eastern Plaza Ho­tel in Taipei.

The fo­rum, called EBRD In­vest­ment Fo­rum: In­vest­ing for Change in De­vel­op­ing Mar­kets, will fea­ture EBRD of­fi­cials and rep­re­sen­ta­tives from four de­vel­op­ing mar­kets, namely Tur­key, Kaza­khstan, Egypt and Ro­ma­nia, with the aim of invit­ing more Tai­wanese in­vest­ment, Hsu said.

Thomas Maier, man­ag­ing di­rec­tor for in­fra­struc­ture at the EBRD, and rep­re­sen­ta­tives of EBRD’s of­fices in each of the four coun­tries will be join­ing the one-day fo­rum.

Rep­re­sen­ta­tives of Tai­wanese busi­nesses that have had suc­cess­ful ex­pe­ri­ences in these ar­eas will be par­tic­i­pat­ing in the event as well, he said.

Par­tic­i­pants in the fo­rum will also be given rare op­por­tu­ni­ties for one-on-one meet­ings with each of the four rep­re­sen­ta­tives dur­ing the af­ter­noon ses­sions, Hsu said.

The event will bet­ter in­form Tai­wanese com­pa­nies who wish to have an over­all un­der­stand­ing of the EBRD’s oper­a­tions in each of the coun­tries and who want to know what kinds of busi­ness op­por­tu­ni­ties are avail­able for po­ten­tial in­vestors, Hsu noted.

Go to www.ebrd­busi­ness.com. tw/news.aspx to register.

The EBRD is an in­ter­na­tional fi­nan­cial in­sti­tu­tion founded in 1991.

Head­quar­tered in Lon­don, the EBRD is owned by 65 coun­tries and two EU in­sti­tu­tions and sup­ports de­vel­op­ment in 37 coun­tries from Cen­tral Europe to Cen­tral Asia.

As a mul­ti­lat­eral de­vel­op­men­tal in­vest­ment bank, the EBRD uses in­vest­ment as a tool to build mar­ket economies.

Tai­wan has been co­op­er­at­ing with the EBRD since the bank was es­tab­lished in 1991, con­tribut­ing to the EBRD Balkan Re­gion Spe­cial Fund, the Mon­go­lia Co­op­er­a­tion Fund, the Early Tran­si­tion Coun­tries Fund and the Sus­tain­able Energy Ini­tia­tive, ac­cord­ing to MOFA.

As of De­cem­ber 2014, Tai­wan and the EBRD have worked on 271 joint projects, among them 121 in­volv­ing mul­ti­ple coun­tries.

Such co­op­er­a­tion has cre­ated US$530 mil­lion-worth of busi­ness op­por­tu­ni­ties over the past three years for Tai­wanese com­pa­nies, MOFA said.

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