This post is in response to a news article reported here on 6 new industries that are expected to generate upwards of 400,00 jobs in Taiwan.
Officials of the Council of Economic Planning and Development (CEPD) said the six emerging industrial sectors, which include the green energy, tourism, biotechnology and electric vehicle sectors have been listed for priority development for 2010, as part of efforts to rev up employment.
I think it is a great idea although I’m not sure of how many jobs it will really produce. The key of course is how serious the government is for it’s actual success. I think it’s very plausible with the high tech and light industrial background that Taiwan has. My only hope is that this isn’t some trail balloon the government is putting up to try to gauge the private sectors interest thereby determining what if any resources will be channeled into this scheme to make it work.
The tourism part is a no brainer here. One of Taiwan’s greatest assets is it’s unique geographic profile. It sits in the northern sub-tropical zone and it’s high Central Mountain range along the narrow island make it possible to go from alpine mountain environments to the coast in under 90 miles. There are all kinds of trails excellent for hiking and cycling where people can really experience what the Portuguese called Ihla Formosa-the Beautiful Island.
The others-Green Tech, Bio Tech and Electric vehicles all require much heavier capital intensive investments. These are where the government can really assist in making this dream come true by providing incentives for the private sector and educational system to re-toll or build factors and add related educational programs accordingly. Time will tell.
