Gov. Phil Murphy and Taiwan’s President Tsai Ing-wen yesterday announced plans for Choose New Jersey to open an Asia-Pacific office in Taipei City, Taiwan in 2024. The outpost, the New Jersey Asia-Pacific Center, will be the fifth international office for Choose New Jersey, the state’s leading nonprofit economic development organization. The announcement is one of the highlights of the Choose New Jersey Governor-led economic mission.
“The opening of Choose New Jersey’s first-ever Asia-Pacific office is a once-in-a-generation opportunity to unleash unprecedented growth and prosperity for both New Jersey and the Asia-Pacific region, especially Taiwan,” said Murphy. “With this new office, we will strengthen the economic and cultural ties that have connected our people for decades, create new opportunities for workers and families, and help preserve a free and open exchange of ideas, trade, and collaboration that benefits both New Jersey and our partners in the region.”
“The relationship between New Jersey and our East Asian partners has long promoted our mutual goals of economic prosperity and increased academic and cultural ties,” said Wesley Mathews, president and CEO of Choose New Jersey. “The bonds we share will only be strengthened by New Jersey’s full-time presence in East Asia, and I am excited to work closely with businesses throughout the region to strengthen those relationships and expand their opportunities for growth in New Jersey and the United States.”
The trade and investment relationship between East Asia and New Jersey is a pivotal driver of economic growth and cross-cultural exchange. East Asia’s rapid economic development and technological advancements partner well with New Jersey’s diverse industries and strategic location, making for a mutually beneficial partnership.
The New Jersey Asia-Pacific Center will help strengthen the ties between New Jersey and the region and enable increased trade and collaboration in the sectors that are crucial to New Jersey’s continued economic success, such as technology, life sciences, manufacturing, and clean energy. The office will showcase New Jersey’s deep interest in East Asia and will support companies looking to expand into the North American market.
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