How going green in Taiwan could put UK companies into the black

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How going green in Taiwan could put UK companies into the black

Taiwan have embarked on a ground breaking £2bn eco-city project which will provide UK companies within the green energy market with some very exciting export opportunities.

The aim is turn back the CO2 clock

The vision is to bring CO2 levels back down to where they were in 2008. Four pilot cities will be classed as low carbon living zones by 2014 – New Taipei City, Yilan City, Great Taichung City and Tainan City – with a further 12 by 2050.

The seven major aspects of the project are ecological greening, energy-efficient buildings, energy-saving facilities, renewable energy, green transportation, resource recycling and low-carbon lifestyle.

Maximising the UK’s low-carbon expertise

UK companies already have an excellent global reputation when it comes to low-carbon development; partly down to environmental work carried out in Hong Kong and several Chinese cities. UK companies with the right experience could be very well placed to take advantage of the opportunities offered by the eco-city programme.

UK Trade & Investment (UKTI) has identified opportunities in the following sectors:

  • Architecture
  • Infrastructure and environment
  • Waste and water services
  • Innovative and green building systems and products
  • Planning/master planning
  • Project design/project management
  • Smart devices for the built environment (including energy efficiency, low carbon, integrated intelligent solutions)
  • Urban regeneration

Key points about the UK and Taiwan trading relationship:

1. In 2011, UK exports of goods to Taiwan were £1.388 billion, up 24% from 2010

2. Taiwan is the UK’s 38th largest export market for goods

3. UK service exports to Taiwan stood at £933 million in 2011, making it the UK’s 36th largest export market for services

4. Total UK exports to Taiwan in 2011 were £2.321 billion, the UK’s highest ever figure of total exports to Taiwan

The UKTI Eco Cities Trade Mission event

UKTI is organising an Eco Cities Trade Mission to Taiwan, specifically to help companies interested in finding out about the opportunities offered by the eco-cities initiative. For information contact UKTI on constructionmissions@ukti-events.co.uk.

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