The Taiwan External Trade Development Council (TAITRA, 外貿協會) said it had scheduled a three-day procurement fair at Computex this year, allowing local small and medium-sized enterprises to conduct trade talks with potential buyers on a one-on-one basis.
TAITRA, which helped organize the five-day Computex to be held from tomorrow to Saturday, said it expected to see more than 4,000 procurement talks launched between local exhibitors and foreign buyers this year, creating US$20 billion in business.
At last year’s Computex, TAITRA arranged a two-day procurement fair to assist local firms in capturing business opportunities that generated US$200 million in business.
Based on registration tallies, Computex this year will gather international firms with annual revenues exceeding US$1 billion, such as Japan’s office equipment maker Ricoh Co, Poland’s information technology products distributor ABC Data and Germany’s Siemens AG, TAITRA said.
The event will also see other leading consumer electronics makers and distributors with annual revenues exceeding US$100 million, including firms from Germany, France, Canada, Spain, the US, eastern Europe and the Middle East, TAITRA said.
Meanwhile, a Chinese trade group led by Association of Economy and Trade Across Taiwan Straits (AETATS) chairman Li Shuilin (李水林) was scheduled to arrive in Taiwan yesterday at the invitation of TAITRA.
The trade mission is expected to sign procurement contracts worth several billion US dollars with local IT and home appliances manufacturers, TAITRA said.
TAITRA said it approached AETATS to organize three trade missions this year for total procurements worth between US$8 billion and US$10 billion.
The first group will consist of 46 Chinese companies
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