Taipei: Cabinet Secretary-General Kung Ming-hsin will lead a Taiwanese delegation to the United States on Saturday to attend the 2025 SelectUSA Investment Summit in Maryland from Sunday to Wednesday, the Executive Yuan said in a statement Thursday. The mission aims to deepen industrial and technological cooperation between Taiwan and the U.S., Cabinet spokesperson Michelle Lee said at a press conference earlier Thursday.
According to Focus Taiwan, the delegation was initially to be led by Vice Premier Cheng Li-chiun, but Kung will take her place due to the demanding nature of Taiwan-U.S. negotiations. Hosted by the U.S. Department of Commerce, the SelectUSA Investment Summit is a key event for promoting foreign direct investment in the U.S., the Cabinet said in the statement.
The event aims to strengthen connections between international companies and the U.S. market. Each summit brings together senior U.S. officials, state and local economic agencies, industry leaders, and corporate executives to discuss the investment environment, industry trends, and emerging opportunities.
The summit provides market information for potential investors and creates opportunities for direct business cooperation. It serves as a platform for global businesses to access opportunities and expand into the U.S. market, according to the statement.
The American Institute in Taiwan (AIT) plays a coordinating role in this year's summit, providing planning to help Taiwan's key industries establish a presence in the U.S. market, the Cabinet said.
The Taiwanese delegation includes representatives from industries such as information and communications technology, semiconductors, artificial intelligence, chemical engineering, biotechnology, smart manufacturing, aerospace, and financial services.
In addition to the summit, the AIT will host three subgroup events focused on semiconductors, AI and quantum technology, and drones to help Taiwanese businesses explore cooperation opportunities with U.S. companies and expand their market presence, the Cabinet said.