SALT LAKE CITY – Governor Gary R. Herbert will join 20 Utah companies and six organizations on a trade mission to Taiwan to boost trade and attract foreign investment to Utah.
Gov. Herbert cancelled his participation in the trade mission’s visit to South Korea in order to turn his full attention to wildfires burning in Utah County.
Taiwan and South Korea are Utah’s 6th and 11th largest export destinations, respectively, and offer opportunities for companies interested in expanding their business in Asia. The governor will attend foreign direct investment meetings and visit with government officials.
“Gov. Herbert’s leadership on trade missions opens doors for Utah companies that in turn create jobs for Utahns across the state,” said Miles Hansen, president and CEO of World Trade Center Utah (WTC Utah).
While in Taiwan and South Korea, delegates will forge invaluable connections and gain industry insights they wouldn’t have access to otherwise. Throughout this trade mission, the Utah delegation will promote Utah as an attractive destination for foreign investment.
The trade mission, spanning Sept. 17-21, 2018, gives delegates unparalleled, exclusive access to companies, government agencies and officials in these important trade markets. Activities include business visits, matchmaking meetings, networking receptions and investment roundtables. Additionally, participants will visit the sites of several Utah companies that are already finding success in these markets.
“Taiwan and South Korea are among the state’s largest export destinations. In 2017 Utah exported $636 million in goods to Taiwan and $347 million to South Korea,” said Val Hale, executive director of the Utah Governor’s Office of Economic Development. “Maintaining good relationships between these countries provides expanded opportunities for Utah businesses with products such as computers, electronics, chemicals and food.”
With the support of World Trade Center Utah, the Utah Governor’s Office of Economic Development, Zions Bank, the U.S. Commercial Service, Atlantic Council and the U.S. Small Business Administration, the trade mission is comprised of private and public organizations from various industries.
Businesses participating in the trade mission to Taiwan and South Korea are:
Alegra Learning Inc.
BEST Police Training, LLC
CommGap International Language Services
Economic Development Corporation of Utah
Intermountain Farmers Association
Nu Skin Enterprises, Inc.
Red Leaf Resources, Inc.
Salt Lake Chamber of Commerce
St. George Chamber of Commerce
Technology & Venture Commercialization
Utah Department of Agriculture and Food
About World Trade Center Utah (WTC Utah)
The mission of World Trade Center Utah is to promote prosperity across the state by attracting investment and increasing exports. WTC Utah accomplishes this mission through three key objectives. First is to help Utah companies add customers, increase revenue and create jobs by selling internationally. Second is to promote Utah as a premier destination for international companies to establish operations and create jobs. Third is to expand Utah’s global position by hosting foreign dignitaries and leading Utah delegations abroad.
About the Utah Governor’s Office of Economic Development (GOED)
Under the direction of Governor Gary Herbert, the Utah Governor’s Office of Economic Development (GOED) provides resources and support for business creation, growth and recruitment, and drives increased tourism and film production in Utah. Utilizing state resources and private sector contracts, GOED administers programs in economic areas that demonstrate the highest potential for development. Learn more at business.utah.gov or by calling (801) 538-8680