Taipei, Oct. 12 (CNA) As global demand for information and communication technology (ICT) rises, Taiwanese ICT companies with expansion and international growth in mind are encouraged to invest in the United Kingdom, which offers great opportunities for Taiwanese companies, British ICT experts said Thursday.
One hundred and seventy-five Taiwanese companies that currently invest in the U.K. primarily do so for the country's "cutting-edge and world-leading R&D capabilities, " said David Percival, head of the Inward Investment Section of the British Trade and Cultural Office (BTCO).
Among the Taiwanese ICT companies that have invested in Britain are MITAC Computer, ASUS, D-Link, BenQ, Inventec, Trend Micro and Arima Optoelectronic.
Small- and medium-sized enterprises (SMEs) can also make their marks as well, as the British government offers incentive programs such as tax breaks and provides free and confidential assistance in finding partners for foreign investors, Percival said.
Britain is the perfect location for Taiwanese enterprises to expand overseas. Just as foreign investors see Taiwan as a gateway into China and Asia, Britain can be Taiwan's gateway into the European market, said John Davies, an ICT advisor.
Taiwanese companies traditionally rank Europe behind the United States, Japan, China and South Korea in terms of overseas expansion, Davies noted.
As Britain has reinvented itself to move up the value-added chain, it provides Taiwanese ICT companies with a great investment environment to establish global partnerships, he said.