Taiwan Food World GO Project Boosts Market Growth in SEA
Monday, August 22nd, 2022 | 333 Views
|Taiwan Rides on Post-Pandemic Wave with Taiwan Food World GO Project, Boosting Market Growth in SEA Market.|
|MOEA launches NT$200-million (US$6.67 million) program to expand food markets worldwide|
|As the world progressively leaves the pandemic behind, Taiwan’s Ministry of Economic Affairs (MOEA) has joined hands with Taiwan’s Bureau of Foreign Trade and Taiwan External Trade Development Council (TAITRA) to ride the waves of the new era with the Taiwan Food World GO Project.
The inaugural event was held at the Hilton Singapore Orchard on 17 August and was live-streamed simultaneously across three countries: Korea Republic, Vietnam and Malaysia.
The Taiwan Food World GO Project global event is an NT$200-million (US$6.67 million) project which incorporates a series of marketing activities, through the assistance in funding, international certifications and professional advice, to help Taiwan food manufacturers penetrate overseas markets.
With the Chinese market taking up the majority of Taiwan food product sales, Taiwan plans to diversify its markets further, eyeing increased market shares in Asian, North American, European and Oceanian markets to raise export volumes, with MOEA and TAITRA hoping that this project will help Taiwanese food manufacturers reach up to 50,000 overseas consumers.
The following companies showcased their popular products during the launch event:
Tai Yang Tang
Shu Lin Biscuit
Du Hsiao Yue
Sunny Hills Delights
San Shu Gong
Hurng Fur Foods
Ms. Cynthia Kiang, Director General, Bureau of Foreign Trade, MOEA, said, “Taiwanese food, especially our iconic pineapple cakes and bubble milk tea, has always been loved by foreigners. These signature food products are the national food icon of Taiwan, and a must-buy for tourists. With the residual pandemic restrictions still in place, the “Taiwan Food World GO Project” will provide an avenue for everyone around the world to have access to Taiwan’s food products, safely and healthily.”
Following the kick-off event, TAITRA will be running a food fair in local Prime Supermarket outlets and a four-day FHA – Food & Beverage event at Singapore Expo Hall, in September 2022, featuring a wide variety of innovative food products from 24 different Taiwanese food manufacturers.
This article was first published on ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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