Find a Security Clearance Job!

Weapons of Mass Destruction (WMD)

President reiterates need for local defense, aviation industries

ROC Central News Agency

2018/04/27 17:54:21

Taipei, April 27 (CNA) President Tsai Ing-wen (蔡英文) reiterated Friday the need to promote the development of Taiwan's indigenous defense systems and help the domestic aviation industry expand into the global market.

Speaking at the start of a two-day tour of top Taiwanese aviation companies, including Air Asia Company Limited (AACL) in Tainan and Kaohsiung aviation component maker Magnate Technology Co., Tsai said the aviation industry is part of the government's "5+2 Industrial Innovation Program" aimed at boosting Taiwan's competitiveness.

The "5 plus 2" industries refer to seven development projects proposed by the government to transform Taiwan's economic and industrial structures. They include projects related to the biotech, green energy, aviation, smart machinery and defense industries.

AACL is capable not only of producing military-grade items, it also manufactures engine components for civil aircraft, Tsai said, praising the company for its ability to provide maintenance services for aviation customers in Europe, the United States and Japan.

The company has also succeeded in providing helicopter maintenance services for customers in Southeast Asian markets, including Vietnam, Thailand and Singapore, she said.

"Not only will we build our own aircraft, we will also aim to repair and service our own planes as well as those of others internationally," Tsai said.

Taiwan's aviation industry had a total output value of NT$108.49 billion (US$3.66 billion) in 2017, with about 150 companies employing roughly 14,100 people in the field, according to Economic Affairs Minister Shen Jong-chin (沈榮津), who accompanied Tsai on the tour.

(By Yeh Su-ping and Ko Lin)
Enditem/ls



NEWSLETTER
Join the GlobalSecurity.org mailing list


Unconventional Threat podcast - Threats Foreign and Domestic: 'In Episode One of Unconventional Threat, we identify and examine a range of threats, both foreign and domestic, that are endangering the integrity of our democracy'