Taiwan to invest more in Lithuania

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Taiwan to invest more in Lithuania

Taipei promised earlier this year to provide a 1 billion-US dollar credit fund for Lithuanian-Taiwanese joint business projects and set up a 200 million-dollar fund for investment in Lithuania's industrial sector.

We may have more. The people started to realize that Lithuania has a great potential after the donation of vaccine from Lithuania to Taiwan. The foreign minister told Lithuanian journalists that businesses are encouraged by the government to look for opportunities for investment.

"I think we're going to come with more investment in Lithuania," Wu said.

We can't grab one company and say, You have to invest there''. He said that what we want to do is to encourage them and make it convenient for them.

According to Wu, Taiwanese businesses have identified several priority sectors, including the semiconductor industry.