With the aim of supporting the government's policy of speeding up overseas investment in Taiwan, the Overseas Community Affairs Council (OCAC) held the Internet of Things Industry Program for Overseas Compatriot Entrepreneurs June 4-9. The Program's participants were 16 overseas compatriot business people who have an interest in cooperating with Taiwan's Internet of Things industry from 11 regions in seven countries, namely Indonesia, the Philippines, Vietnam, the US, Canada, UK and New Zealand. The Program participants called on the National Development Council, the Asia Silicon Valley Development Agency, Department of Commerce, Ministry of Economic Affairs (MOEA) and Smart Business and Logistics Promotion Office, MOEA, and visited related domestic IoT related companies, and COMPUTEX Taipei. OCAC Deputy Minister Kao chaired a general discussion meeting at noon on June 8; he expressed the hope that the Program participants can help promote startup business opportunity matching and said that everyone in the government of Taiwan, from top to bottom, is striving to improve the economy and increase Taiwan's international competitiveness. He said through the arranging of matching between overseas compatriot and domestic companies in the IoT industry this time, it is hoped that overseas compatriot businesses can provide capital and drive market expansion and technology exchange to create an all-win situation. On the morning of June 8, a business opportunity matching meeting was held; the Program participants engaged in lively discussion and interaction with the representatives of 15 companies.

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