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Trade and Investment Missions

Missions Summary

Trade and investment missions promote foreign investment into Colorado and help Colorado companies become more globally competitive. The Global Business Development (GBD) team organizes trade and investment missions every year to strategic markets around the world. 

During these missions, Colorado firms, organizations, and government agencies connect with foreign business communities, economic decision-makers, and senior government officials.

Missions are defined as:

  • trade missions help Colorado companies explore trade and investment opportunities in foreign markets
  • investment missions promote foreign direct investment into Colorado
  • combined trade and investment missions are typically led by the Governor or other senior state leadership

Overview

Type: Trade and investment missions

For: Businesses and economic development offices

OEDIT division: Global Business Development

Tentatively scheduled for 2021

Pending changes due to COVID-19, Governor Jared Polis is tentatively scheduled to lead this trade mission. Staff are still determining details and are considering these industries:

  • aerospace
  • bioscience
  • medical Devices
  • precision Instruments
  • electronics

Why Japan and Taiwan?

Japan and Taiwan are among the world’s most advanced economies and regional cornerstones of East Asia. 

Japan’s size makes it impossible to ignore: 11th in the world in population, fourth in gross domestic product (GDP), fourth in total export volume, and third in outbound foreign direct investment volume. Tokyo, its capital city, is a global financial capita and the largest city in the world with more than 37 million residents. Tokyo is one of the globe’s most active foreign direct investment cities along with London, Paris, and New York. 

Taiwan is about one-fifth Japan’s population, and smaller than Tokyo, with about 24 million residents. What it lacks in population it makes up for in productivity: Taiwan’s GDP per capita is among the highest in the world and roughly equivalent to that of Germany, Australia, and Denmark. Taiwan, Hong Kong, Singapore, and South Korea – known as the Asian Tigers – rapidly industrialized and sustained real growth in output during the second half of the 20th century.

Some of the most advanced companies in the world originated in Japan and Taiwan. Fifty-two of Fortune’s Global 500 companies, the largest companies in the world by annual revenue, come from Japan and include tech titans like Toyota, Honda, Mitsubishi, Hitachi, Sony, and Panasonic. 

Taiwan is the world’s supplier of semiconductors and electronic components for high-tech applications. Its Global 500 companies include Hon Hai Precision (parent to Foxconn), the Taiwan Semiconductor Manufacturing Company (TSMC), Quanta Computer, and Compal Electronics.

Itinerary

OEDIT staff are in the early planning stages as we explore options with our partners both domestic and abroad. We will post meeting details and participants as details are available.

Cost and logistics

The delegation fee is $2,800 per person. The fee covers:

  • all in-country transportation including airport pick-up and drop-offs, transportation to and from meetings and events, and any in-market flights
  • mission-related events, receptions, and assemblies specified in the agenda
  • meals specified in the agenda

The fee does not cover:

  • the international flight to Taiwan and returning flight from Japan
  • meals not included in the agenda
  • hotel room payment and additional hotel expenses
  • additional activities not included in the agenda

Dates to be determined

Global Business Development staff will lead this mission. Staff are still determining details for this mission and are considering these industries:

  • biotechnology
  • biosciences
  • financial services
  • cleantech
  • outdoor recreation

This mission will focus on Colorado’s goals for foreign direct investment. Participants will include statewide economic development partners and others interested in international investment promotion.

Why Germany and Switzerland?

Germany and Switzerland are two of the most developed economies in Western Europe and the world. They present numerous business development and foreign direct investment opportunities for Colorado.

Germany is the largest economy in Europe and top five in the world. For exports, it is third in total volume. During the most recent economic expansion, Germany generated the second-largest volume of foreign direct investment. It produces technologically-advanced, highly-engineered products like vehicles, industrial machinery, precision instruments, medical devices, and electronics. Like Colorado, Germany prioritizes creating clean energy solutions.

Switzerland, at 8.4 million residents, is about one-tenth the size of Germany. However, its gross domestic product (GDP) per capita is in the world’s top 20 and greater than the GDP per capita of the United States. The Swiss services sector is particularly strong with a foundation of top-tier financial services. Its manufacturing sector specializes in high-tech, knowledge-based products like pharmaceuticals, industrial machinery, medical devices, and precision instruments. These Swiss industries are also active in outbound foreign direct investment. In 2019, U.S. News and World Report ranked Switzerland as the world’s most economically stable country.

Itinerary

OEDIT staff are in the early planning stages as we explore options with our partners both domestic and abroad. We will post meeting details and participants as details are available.

Cost and logistics

The participation fee is $1,000 per person. The fee will cover:

  • All in-country transportation including airport pick-up and drop-offs, transportation to and from meetings and events
  • Mission-related events, receptions, and assemblies
  • Meals specified in the mission agenda

The fee does not cover:

  •  Flights to and from the destination
  •  Meals not included in the agenda
  •  Lodging in-country

Program Manager

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