EBRD presents business opportunities to Taiwanese companies

By Axel  Reiserer

Cityscape at night

The European Bank for Reconstruction and Development (EBRD) and the Taiwan External Trade Development Council (TAITRA) are organising a joint forum in Taipei on Tuesday, 8 September, to highlight business opportunities in the EBRD regions for Taiwanese companies.

The EBRD, established in 1991, invests in countries from Morocco to Mongolia and Estonia to Egypt, to support the development of the private sector and market economies. The EBRD combines investments, which this year have exceeded the US$130 billion-mark (€100 billion) since the Bank’s inception, with technical cooperation support and policy dialogue. The Bank is the biggest institutional investor in many of its countries of operations and is at the forefront in combatting climate change through its funding.

The EBRD has a long-standing relationship with the Taiwanese authorities and companies who are important contributors to the Bank’s work in infrastructure, sustainable resources, agribusiness, intelligent transportation systems, information technology, women in business and support for small businesses. Joint Taiwanese-EBRD investment stands at almost US$1.7 billion.

In order to further develop and deepen this cooperation, the Forum in Taipei will provide an opportunity for local companies to gain a better understanding of the EBRD’s approach. After a video message by EBRD President Sir Suma Chakrabarti, the four key markets of Kazakhstan, Egypt, Turkey and Central Europe will be highlighted to demonstrate business opportunities for investments with the Bank.

Sir Suma Chakrabarti offered his support by saying: “It is particularly gratifying to be co-hosting this event. We see it as an exceptional opportunity to further broaden our cooperation and to assist Taiwanese companies expanding their international activities for which the EBRD countries of operations offer many attractive opportunities. There are huge chances and we stand ready to support you to make the best possible use of them.”