The Taiwanese government says it plans on opening an Economic and Cultural Office in Phoenix. The announcement comes as TSMC has invested hundreds of billions of dollars in Arizona.
Taiwan’s Ministry of Foreign Affairs says Phoenix has become a vital hub for relations with the United States to build resilient supply chains for tech industries.
The agency says the decision to open the office was made based on the growing tech industry landscape, and the number of Taiwanese companies and nationals in Phoenix.
Beyond the economic ties, the office will also provide consular services to Taiwanese nationals in Arizona and New Mexico.
No date has been given for when the office will open.
More business news from KJZZ
-
Strong winds struck the West Valley overnight, leaving more than 5,000 people still without power on Monday morning. -
The Arizona Division of Problem Gambling says roughly the same number of Arizonans placed bets in the past year, compared to its last report three years ago. But nearly a fifth of state residents fell within the category of problem gambling. -
The U.S. Agriculture Department plans to reopen part of the U.S.-Mexico border to cattle later this month. On Aug. 24, the Douglas, Arizona, port will become the first to allow cattle from Mexico to travel into the United States. -
The Arizona Department of Gaming is now offering free financial counseling services for people who request to be banned from gambling activities. The agency is partnering with GamFin, an organization that specializes in advising those with gambling debts. -
On the hottest days, thinner air can make it harder for aircraft to get off the ground safely. Airlines may have to lighten the load by removing passengers or cargo, or carrying less fuel.
