Reported about 1 year ago
On July 4, 2024, reports from the National Development Council, Ministry of Economic Affairs, Ministry of Finance, and Directorate-General of Budget, Accounting and Statistics outlined measures to enhance AI industry development, ensure stable power supply amidst AI investment surge, offer tax incentives to key companies, and boost international competitiveness. The focus is on stimulating investment opportunities, fostering talent, and promoting funding for national infrastructure and key industries to create a positive investment cycle. The government has identified semiconductor, AI, defense, security, and next-gen communication as the 'five major strategic industries', aiming to drive economic growth. Efforts will also be made to balance industry development in service, SMEs, and traditional sectors through digital and capital efficiency, enhance industry competitiveness, and invest in digital industry projects.
Source: YAHOO