The 2024 Taiwan Trade Business Forum, organized by the Taiwan External Trade Development Council (TAITRA), successfully concluded over the weekend in Lagos.
The event focused on enhancing bilateral trade relations between Taiwan and Nigeria while exploring new business opportunities. During the forum, Mr. James Huang, Chairman of TAITRA, highlighted Taiwan's commitment to revolutionizing the global tech scene, with Nigeria playing a pivotal role in its strategic focus.
According to Huang, Taiwan is the leading country in terms of information technology industries.
Spotlighting Taiwan's dominance in Information Technology (IT), electronic manufacturing and Artificial Intelligence (AI), he said that it was eager to forge innovative partnerships with African enterprises and governments.
"Taiwan is at the forefront in terms of information technology industries and we are the most critical country when it comes to electronic manufacturing, information, and technology transformation.
"We are also the most critical country when it comes to AI, because Taiwanese companies produce more than 90 percent of global computer servers and data centers. So, I see a very bright future for cross-federal cooperation between Taiwan and African countries, particularly Nigeria," Huang said.
He noted that Nigeria and Taiwan are poised for robust collaboration in strategic sectors including petrochemicals, machinery, and consumer goods.