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The head of Taiwan’s mission in Saudi Arabia, Teng Cheng Ping, highlighted the strong strategic relations between the two countries and expressed Taiwan’s commitment to supporting Saudi Arabia’s Vision 2030.
He emphasized Taiwan’s significant foreign exchange reserves and the entry of Saudi National Bank into Taiwan’s market as a reflection of the unique and mutually beneficial partnership between the two nations.
Ping also mentioned potential investment from Taiwan in Saudi Arabia and ongoing discussions between Foxconn and the Saudi government for high-tech collaboration projects.
He underscored Taiwan’s leadership in high-tech industries such as semiconductors and chip manufacturing, emphasizing the potential for collaboration with Saudi Arabia in shaping the future industrial landscape.
Ping also noted Taiwan’s semiconductor plants in various countries and highlighted the potential for collaboration with Saudi Arabia in these crucial technological sectors.
