In order to deepen exchanges and cooperation between Taiwan and the Czech Republic in the areas of IoT, AI and other technological field, Taiwan’s Asia Silicon Valley Development Agency (ASVDA) and the Czech agency of Science and Technology Advanced Region (STAR) have signed an MoU on the Smart City and AIoT exchange.

In the future, the two parties will hold forums, online exhibitions and other activities to share experience on smart manufacturing, health care, transportation, and other smart city topics related to IoT applications.  A long-term channel of cooperation and exchange will also be established; and through multi-approaches of matchmaking, it is expected to encourage more Taiwanese enterprises’ investments in the Czech Republic. At the same time, it will also provide Czech enterprises with more opportunities to conduct business with Taiwanese enterprises, benefiting both sides in expanding their international markets.