May 12, 2005 – The Taiwan External Trade Development Council (TAITRA) and the US-based Nano Science and Technology Institute (NSTI) have signed an agreement to work together to develop the nanotechnology industry, reported Asia Pulse Pte Ltd. Under the agreement, efforts will be made to push for nanotechnology exchanges and relevant trade cooperation via exhibitions, seminars, and personnel exchanges in the industrial sector.
The cooperative ties are expected to help Taiwan industrial firms make progress in the development of the nanotech industry, said Richard Tsai, director of the TAITRA Taiwan Trade Center in San Francisco.
Tsai indicated that nanotechnology has been listed as one of Taiwan’s major strategies to develop the island into a “green silicon island.” To achieve the goal, efforts are being taken to build Taiwan into a regional R&D center of applied nanotechnology within 10 years, he noted.
Therefore, Taiwan plans to inject NT$21.2 billion (US$679 million) into its national nanotechnology development project by 2008, with projects to include the construction of core facilities and the training of talent in nanotechnology, according to the TAITRA.