Taiwan Economy Overview
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Economic Environment :
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One of Asia’s Four Tigers. A dynamic capitalistic economy with gradually decreasing guidance of investment and foreign trade by government authorities and partial government ownership of some large banks and industrial firms. :
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Industries :
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Industry, once concerned with mainly rice and sugar milling, has diversified to include a variety of light and heavy industries, increased high-technology businesses, and a growing service sector. Electronics, textiles, chemicals, clothing, good processing, plywood, sugar milling, cement, shipbuilding, petroleum refining.
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Infrastructure :
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Extensive infrastructure system. 2 international airports, 14 domestic airports, 5 international harbours, toll highways, round-the-island railway. Traffic congestion on public roads and freeways are common.
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