The Philippines and Taiwan are set to sign a memorandum of understanding that will harness the latter’s global cold chain solutions to further develop the former’s cold chain industry, the Board of Investments (BOI) said in a statement.
A delegation from the BOI led by governor Marjorie Ramos-Samaniego met on August 23 to 24 in Taipei with the Taiwan Cold Chain Association (TCCA) led by its chairman Freezer Lin, jointly with the Department of Commerce – Ministry of Economic Affairs and Industrial Technology Research Institute (ITRI) to discuss areas of collaboration on cold chain industry development.
The BOI said the Philippines will tap Taiwan’s advanced cold chain solutions and state-of-the-art supply chain systems coupled with its collaboration experiences with other economies. Other initially identified initiatives are sharing of best practices and the development of standards. Linking of Taiwanese cold chain investors with Filipino partners for possible investments in cold chain activities in the Philippines was also considered. This will facilitate realization of a more modern, greener, and sustainable cold chain industry in the Philippines.
The team met with officials of Evergreen International Storage and Transport Corp. and Evergreen Logistics Corp., of YES Liberal Logistics Corp., Advantech Co. Ltd. and RD&D Cold Logistics Co.. TCCA also hosted the team at the 5th Taipei International Cold Chain Tech Exhibition at Nangang Exhibition Center, and their visits to member-companies’ facilities showcasing end-to-end smart solutions to cold chain and logistics services such as environment sensing, artificial intelligence, robotics and internet of things.
