TAIWAN: The Taiwan government plans to disburse...
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Times Staff and Wire Reports
TAIWAN: The Taiwan government plans to disburse an additional $59 million in venture-capital funds to expand the republic’s industrial base. Since 1985, when the state-run Bank of Communications first provided venture capital, 63% has been used for computer and electronics firms. But now Taiwan wants to boost investment in other strategic industries such as aerospace, biotechnology and environmental products.
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