KUWAIT: Commissioned by the Ministry of Economic Affairs, the Taiwan External Trade Development council (TAITRA) is leading a trade delegation of 26 well-established Taiwanese suppliers representing various industries who are in Kuwait until November 2, 2015. The purpose of this visit is to facilitate business cooperation between the 26 Taiwanese delegates and their counterparts in Kuwait.
This upcoming trip also aims at furthering trade relations between Taiwan and Kuwait. Reaching the trade exchange between the two countries to 8.6 billion US dollars, and import Kuwait from Taiwan arrived in the first quarter of last year’s to $230 million, while increased in the first quarter of this year by 32%.
Having made great strides in strengthening its major industries, Taiwan is now considered a technologically advanced manufacturing powerhouse. The nation is home to key manufacturers and suppliers of various products, including IT components, industrial machinery, steel products, medical devices, healthcare products, auto parts and equipment and house wares.
For this event, TAITRA has arranged a series of trade meetings in Kuwait to give the local buyers and small medium enterprises valuable platform to discuss business with the participating Taiwanese companies and corporate with them to exchange experience to developing. Taiwanese suppliers will bring the latest products’ information as well as the most innovative samples with them, including a variety of baby related products, hardware and building materials, machinery, steel and tinplate, swage pumps, seafood, Information service, etc.
TAITRA by its permanent office in Kuwait (Taiwan Trade Center, Kuwait) which located in the second tower of Mazaya in sharq, ninth floor, it arranged full day trade meeting yesterday at Sheraton Hotel, Al-Dana Ballroom.
The range of products to be presented is as follows:
IT, Electronic and Communication: Communication Encryption, Data Encryption, Digital signage players, Digital signage servers, managing software, barcode scanner.
Automotive Accessories, Industrial products, Machinery and Equipment: Safety Belt Tonsure, Washer, Cable Assy, Stamping part, Rubber Conveyor Belt, Rubber sheet, Centralized Lubrication Systems with Peripherals and Accessories, Industrial AC/DC fan, Axial/ Centrifugal Fan, 3D Printing Machine.
Health Care and Medical Products: skin care, body care hair care, sunscreen, spa, makeup, dental floss pick, interdental brush, bottle cleaning brush, wet wipes, cotton buds, fitness equipment, measuring tools.
Building materials and products, Display, Fastener, Industrial and petro chemical hardware: Safety Valve, Pressure Reducing Valve, Control Valve, Solenoid Valve, Electric/ Pneumatic/ Hydraulic Actuator, Electric/ Pneumatic Actuator. Sliding door parts, Folding door parts, shop fittings, commercial display products, support hardware, hinge, handle and rail, plastic shelving, drawer cart, KD bin, toilet brush, caster, (T grids ceiling system)(building materials)(Chemical glue), Fastener, screw, nut, pin, rivet, stud.
Electrical and power: LED light, industrial fan, spot cooler, uninterruptible power supply, PV inverter, solar charge controller, AVR, UPS, Solar inverter, transformer.
Auto parts, Motorcycle, Bicycles and Motor Tricycle: Sport Motorcycle, off road motorcycle, scooter, engine, bicycles, bicycle parts, bicycle accessories, engine parts, brake pad, brake rotor, brake caliper, and multi -purpose motor tricycle.
Taiwan’s machinery industry is moving to challenge the goal of NT$2 trillion (US$68.46 billion) in annual production value by stepping up the development of smart system integrating robots, sensors, connected machines, and big data applications.
Taiwan’s economics ministry has released a set of blueprints for promoting the development of smart machinery.
Seeking to make the country the world’s research and manufacturing center for intelligent machinery and related high-end equipment parts and components, the blueprints focus on the integration of domestic precision machinery manufacturing capabilities with advanced ITC technologies.
Taipei, March 6 (CNA) The Taiwan External Trade Development Council (TAITRA) has set up 11 overseas business centers so far this quarter, boosting the number to 30, the government-sponsored trade group said Tuesday.
TAITRA said it will open another center in India’s New Delhi later this year.
Taiwan’s machinery exports climbed 21.1 percent year on year to an all-time high of US$25.6 billion in 2017, according to the latest statistics by the Ministry of Finance and Taiwan Machine Tool and Accessory Builders Association (TMBA).
The Taiwanese government is currently promoting a policy for industrial innovation. With smart manufacturing being one of the pillars of the policy, many Taiwanese machine tool makers and aircraft manufacturers are onboard with the government’s economic vision and are invested in the development of new smart-manufacturing technologies.
Taiwan’s economics ministry has released a set of blueprints for promoting the development of smart machinery, seeking to make the country the world’s research and manufacturing center for intelligent machinery and related high-end equipment parts and components by integrating domestic precision machinery manufacturing and advanced ITC technologies.
Leading machinery automation company Tongtai and motorcycle manufacturer KYMCO recently announced a major partnership to build the first smart production lines in Taiwan that manufacture various motorcycle components.