With the mass rollout of Covid-19 vaccines and surging demand for semiconductors, Taiwan’s economic performance remained strong in 2021. Gross domestic product is expected to grow by 6.1% – the fastest pace in a decade – and expand by another 4% in 2022, according to the Directorate General of Budget, Accounting and Statistics. Although factors such as rising inflation, supply chain issues and pandemic-related uncertainties could cause disruptions, the outlook for Taiwan’s investment market is optimistic.
Benefiting from the digital transformation across industries, the semiconductor sector will continue to be a bright spot and bolster investment growth in 2022. Going green is another major theme. Taiwan has announced plans to generate 20% of its energy needs from renewable sources by 2025, with offshore wind and solar playing principal roles.
While investors have shown strong appetite for sustainable investments, they are facing several challenges, including how to decarbonize their portfolios and prevent greenwashing amid the lack of standardized data sets. Also, much awaited are new allocation rules and localization requirements for offshore wind projects.
The Asset Events+ is pleased to present the 8th Taiwan Investment Summit – a high-level event bringing together issuers, pension funds, insurance companies, asset managers and banking institutions to discuss the latest and emerging trends in Taiwan’s investment market.