TAIPEI,
Taiwan -- At the "Taiwan-ASEAN
Strategic Investment Partnership Forum" , six representatives from
Southeast Asian countries pointed out the challenges that Taiwanese businessmen
may confront when investing in the region.
Representatives
emphasized that investors and businessmen developing careers in these countries
should not only abide by local laws, but should also understand the differences
between each country.
Delegates
from Indonesia, the Philippines, Malaysia and Thailand all indicated that their
countries lack public infrastructure, and that local governments are attempting
to expand on existing infrastructure, a process that foreign investors can
contribute to.
In
addition, according to panelists, laws in Indonesia and the Philippines are not
complete. "We are short of laws, and some local laws even contradict the
central government's laws. We are working on this issue." Indonesia's
Investment Coordinating Board (BKPM) deputy chairman Himawan Hariyoga said.
Human
resource issues are common in Southeastern Asian countries, especially in
Indonesia, Malaysia and Thailand. Indonesia is attempting to boost worker
productivity and skills, while the other two countries are confronting aging
populations and labor shortages, representatives from these countries said.
A
representative from Vietnam called on foreign businessmen to comply with local
laws and said it is necessary to pay attention to environmental protection.
According
to the results of the Vietnamese government's investigation announced in June,
Formosa Ha Tinh Steel Corp., an offshoot of Formosa Plastics Group (台塑集團), emitted toxic
wastewater that caused tons of fish to die in early April.
Although
this case will not determine Taiwan's investment in Vietnam overall, investors
should abide by rules and value environmental protection, said Do Nhat-hoang,
director general of Vietnam's Foreign Investment Agency under the Ministry of
Planning and Investment, said
"We
think investors from Taiwan are important to us, and we will help them develop
their business in Vietnam in the future." Do added.
Renita Li
No comments:
Post a Comment