Formosa+
Harvest Taiwan’s untapped technology superpower and China's cultural heritages for the Kingdom's unparalleled development
Leveraging its sophisticated semiconductor and technological ecosystems, Taiwan is poised to serve as the driving force behind the realization of the Kingdom of Saudi Arabia's Vision 2030.
Formosa+ stands as a testament to the vibrant technology ecosystem of Taiwan, a powerhouse of innovation and expertise.Our initiative is deeply rooted in collaboration, as we actively engage with Taiwan's esteemed think tanks, renowned research institutes, leading high-tech companies, and dynamic startup ventures.
In the heart of this thriving ecosystem, Formosa+ draws upon a wealth of knowledge and experience, leveraging the cutting-edge research and development capabilities of the country's top institutions. Through our close partnerships, we tap into the collective intelligence of Taiwan's brightest minds, fostering an environment where groundbreaking ideas take shape and transformative technologies are born.
At Formosa+, we embrace the spirit of innovation that permeates Taiwan's tech landscape. By working hand-in-hand with high-tech enterprises, we harness their technological prowess and industry insights, ensuring that our initiatives are at the forefront of the latest advancements. Simultaneously, our collaborations with startup companies bring a fresh perspective and entrepreneurial energy, driving us to explore novel solutions and disruptive innovations.
Our commitment to collaboration goes beyond mere partnership; it is a synergy of ideas, resources, and talents that propels us forward. By integrating the strengths of Taiwan's technology ecosystem, Formosa+ is poised to make a significant impact on the global stage, pushing the boundaries of what is possible and shaping the future of technology and innovation.
Formosa+
Horizontal Services
"Formosa+ stands as a testament to the vibrant technology ecosystem of Taiwan, a powerhouse of innovation and expertise. Our initiative is deeply rooted in collaboration, as we actively engage with Taiwan's esteemed think tanks, renowned research institutes, leading high-tech companies, and dynamic startup ventures. In the heart of this thriving ecosystem, Formosa+ draws upon a wealth of knowledge and experience, leveraging the cutting-edge research and development capabilities of the country's top institutions. Through our close partnerships, we tap into the collective intelligence of Taiwan's brightest minds, fostering an environment where groundbreaking ideas take shape and transformative technologies are born. At Formosa+, we embrace the spirit of innovation that permeates Taiwan's tech landscape. By working hand-in-hand with high-tech enterprises, we harness their technological prowess and industry insights, ensuring that our initiatives are at the forefront of the latest advancements. Simultaneously, our collaborations with startup companies bring a fresh perspective and entrepreneurial energy, driving us to explore novel solutions and disruptive innovations. Our commitment to collaboration goes beyond mere partnership; it is a synergy of ideas, resources, and talents that propels us forward. By integrating the strengths of Taiwan's technology ecosystem, Formosa+ is poised to make a significant impact on the global stage, pushing the boundaries of what is possible and shaping the future of technology and innovation."
Taiwan, with its robust technology sector, particularly in semiconductor manufacturing and information technology, is well-positioned to assist Saudi Arabia in its artificial intelligence (AI) development ambitions.
Taiwan's strengths in hardware production, including advanced semiconductors and electronics, are crucial for AI technologies, as they require high-performance computing capabilities and efficient data processing hardware. By partnering with Taiwanese companies, Saudi Arabia could gain access to cutting-edge technologies and expertise in semiconductor manufacturing, which is a backbone for AI development. This collaboration could also extend to knowledge exchange in AI research and development, fostering innovation in AI applications across various sectors such as healthcare, education, and smart cities.
Furthermore, Taiwan's experience in integrating AI with industrial processes and smart technology solutions can help Saudi Arabia in realizing its Vision 2030 goals, which include diversifying its economy and developing public service sectors through digital transformation. Collaborative projects in AI could involve Taiwanese firms assisting in the creation of smart infrastructure in Saudi cities, developing AI-driven healthcare solutions, and providing AI education and training programs. Such cooperation not only advances Saudi Arabia's AI capabilities but also opens new markets for Taiwanese technology companies, creating a mutually beneficial relationship in the burgeoning field of artificial intelligence.
The potential fusion of Chinese and Saudi cultures in the realm of creative and cultural industries holds immense promise for both societies. China's rich cinematic heritage, epitomized by directors like Zhang Yimou, and its spectacular Impression Series showcasing the nation's natural beauty and cultural wealth, could blend seamlessly with Saudi Arabia's burgeoning movie industry and its newfound focus on events like fashion weeks and projects like the Dir’iyah Gate development.
These grand spectacles not only showcase the rich cultural heritage of a nation but also provide a stage for local artists, performers, and technicians to shine. By integrating Saudi talents into such productions, the country can harness its creative potential, offering diverse job opportunities within the cultural and creative industries.
The union of ancient Chinese cultural heritage with Saudi artistic endeavors offers a profound opportunity for fostering sustainability and resilience. Rooted in centuries of tradition, Chinese culture imparts invaluable wisdom in harmonizing human existence with nature. Saudi Arabia can draw inspiration from ancient Chinese philosophies such as Daoism, which emphasize balance and respect for the natural world. These principles can be seamlessly integrated into Saudi artistic ventures, promoting environmental consciousness and sustainable practices.
By honoring and integrating the timeless wisdom of ancient Chinese culture, Saudi Arabia can enhance its cultural and creative industries with a deep sense of history and ecological mindfulness. This collaboration not only preserves the cultural heritage of both nations but also fosters a sustainable artistic legacy that resonates globally, transcending the boundaries of time and tradition.
In pursuit of the Kingdom's digital transformation, we offer tailored strategic blueprints and turn-key solutions. These encompass the development of smart cities, empowerment of creative industries, modernization of airports, bolstering tourism initiatives,
innovative real-world asset tokenization, healthcare transformation, agriculture technology, decentralized finance, renewable energy integration, cybersecurity solutions, web 2.0 and web 3.0 convergence, and carbon credit tracking and monitoring.This holistic approach ensures seamless integration, propelling the Kingdom into a digitally advanced and economically vibrant future.
Taiwan’s technology projects in smart city solutions are almost all-encompassing.
1. Sensing, AI drive systems, smart grids, smart twins, and 5G deployment in the integration of advanced technologies.
2. Waste disposal, green buildings, sustainable energy, and water resources management in the circular economy.
3. Smart transportation and electric vehicles in transportation.
4.E-government and public health services in the public sector.
5. Environmentally friendly environmental detection and air quality monitoring. These can all be exported to Saudi Arabia through Formosa+.
Formosa+ Health is committed to providing our GCC clients with exceptional medical services in Taiwan, services that are often beyond their reach or entail exorbitant costs in their home countries.
Our offerings cater specifically to GCC clients and encompass a wide array of healthcare services, including but not limited to health examinations, aesthetic medicine, regenerative medicine, metabolism optimization, preventive medicine, fertility treatments, sleep disorder remedies, and cutting-edge cancer therapies.
As outlined in Dr. Prem's Guide to Medical Tourism, Taiwan stands out for its outstanding medical professionals, state-of-the-art healthcare equipment, top-tier health infrastructure, and affordable treatment options. Furthermore, Taiwan's allure extends beyond healthcare, with its captivating tourism opportunities and invigorating spa treatments. Formosa Plus Health is dedicated to nurturing strong ties between GCC nations and Taiwan, and we assure your utmost satisfaction in all our endeavors.
At Formosa+, we are dedicated to offering cutting-edge data center and cloud server solutions designed for Saudi Arabia, aiming to achieve unparalleled efficiency, reliability, and security. By harnessing renewable energy for cooling, our eco-friendly infrastructure significantly reduces operational costs while supporting the sustainability goals of Saudi Arabia's Vision 2030.
Our state-of-the-art air filtration systems counter environmental challenges, ensuring continuous operation in desert regions. Comprehensive security measures protect against both physical and cyber threats, maintaining data integrity.
Our scalable facilities cater to cloud hosting, disaster recovery, and emerging technologies such as AI and IoT, meeting the dynamic digital demands of the region. In partnership with global technology leaders, Formosa+ is at the forefront of Saudi Arabia's digital transformation, providing a seamless and secure data center and cloud server experience. We empower businesses of all sizes, aligning operations with the ambitions of Vision 2030.
Vertical Services
System Integrator
Saudi Arabia is rich in resources, and its development is still burgeoning. Given this, the coordination and integration of resources, teams, technology, and processes are essential. This ensures that every aspect of a project, from the overarching strategy to the smallest details,
is comprehensively addressed, achieving the goals of the project, unit, organization, and the 2030 vision. Formosa+'s role is thus crucial; it adopts a holistic approach to project management and problem-solving, ensuring seamless integration for optimal project performance and results.
Consultancy
Formosa+ offers specialized consulting services tailored for enterprises aiming to establish a presence in China and engage in procurement activities in Taiwan. Our services are the culmination of an in-depth knowledge management process and organizational learning, reflecting our commitment to delivering insights and strategies that are both comprehensive and actionable.
For businesses looking to enter the Chinese market, Formosa+ provides a suite of consulting services that cover market entry strategies, regulatory compliance, partnership identification, and localization strategies. Understanding the complexities of China's business environment is crucial, and our team of experts leverages years of experience and deep market insights to guide our clients through every step of their expansion journey. From navigating China's unique digital ecosystem to understanding local consumer behavior, we equip businesses with the knowledge and tools they need to succeed in one of the world's largest and most dynamic markets.
In Taiwan, our procurement consulting services are designed to connect enterprises with the island's robust supply chain network. Taiwan is renowned for its advanced technology sector, especially in electronics and semiconductors, making it a vital procurement market for global businesses. Formosa+ assists clients in identifying reliable suppliers, negotiating contracts, and ensuring quality control, leveraging Taiwan's technological prowess to meet their procurement needs. Our team's expertise in Taiwan's industrial landscape enables us to offer solutions that enhance efficiency, reduce costs, and mitigate risks in the procurement process.
The foundation of our consulting services is a specialized knowledge management and organizational learning process. This involves continuously gathering and analyzing market data, regulatory changes, and industry trends in both China and Taiwan. By fostering a culture of continuous learning within our organization, we ensure that our team remains at the forefront of market developments, ready to advise our clients with up-to-date and relevant information.
At Formosa+, we are committed to helping our clients navigate the complexities of doing business in China and Taiwan with confidence. Our approach combines local expertise with global perspectives, offering a bridge for enterprises looking to leverage the opportunities in these two distinct but interconnected markets. Whether you are looking to expand into China or source from Taiwan, Formosa+ is your trusted partner for success.
Technology Transfer from Taiwan
Formosa+ is strategically prioritizing technology transfer initiatives, aiming to forge partnerships with prominent Taiwanese technology companies renowned for their global leadership in various sectors. These potential collaborators include industry giants such as TSMC, Foxconn, Quanta, ASUS, MediaTek, and others. Through these partnerships, Formosa+ seeks to facilitate the transfer of advanced manufacturing techniques, semiconductor expertise, and cutting-edge ICT solutions from Taiwan to Saudi Arabia. By leveraging the capabilities of these Taiwanese companies, Formosa+ aims to empower Saudi enterprises with access to state-of-the-art technology, fostering innovation, enhancing operational efficiency, and driving economic growth. While formal partnerships are yet to be established, Formosa+ is actively exploring avenues to facilitate the exchange of knowledge and expertise between Taiwanese industry leaders and Saudi Arabian businesses. This focus on technology transfer underscores Formosa+'s commitment to supporting the Kingdom's Vision 2030 objectives by accelerating the adoption of transformative technologies and driving sustainable development across various sectors.
Technology Transfer from Taiwan
Formosa+ is strategically prioritizing technology transfer initiatives, aiming to forge partnerships with prominent Taiwanese technology companies renowned for their global leadership in various sectors. These potential collaborators include industry giants such as TSMC, Foxconn, Quanta, ASUS, MediaTek, and others.
Through these partnerships, Formosa+ seeks to facilitate the transfer of advanced manufacturing techniques, semiconductor expertise, and cutting-edge ICT solutions from Taiwan to Saudi Arabia. By leveraging the capabilities of these Taiwanese companies, Formosa+ aims to empower Saudi enterprises with access to state-of-the-art technology, fostering innovation, enhancing operational efficiency, and driving economic growth.
While formal partnerships are yet to be established, Formosa+ is actively exploring avenues to facilitate the exchange of knowledge and expertise between Taiwanese industry leaders and Saudi Arabian businesses. This focus on technology transfer underscores Formosa+'s commitment to supporting the Kingdom's Vision 2030 objectives by accelerating the adoption of transformative technologies and driving sustainable development across various sectors.
While formal partnerships are yet to be established, Formosa+ is actively exploring avenues to facilitate the exchange of knowledge and expertise between Taiwanese industry leaders and Saudi Arabian businesses. This focus on technology transfer underscores Formosa+'s commitment to supporting the Kingdom's Vision 2030 objectives by accelerating the adoption of transformative technologies and driving sustainable development across various sectors.
Import
Formosa+ plays a pivotal role in facilitating the importation of goods and services from China and Taiwan, focusing on harnessing the unique manufacturing strengths and technological advancements that these countries offer. China, known for its vast and versatile manufacturing capabilities, is a global leader in producing a wide range of goods from electronics, consumer products, machinery, textiles, to renewable energy equipment. These products are highly regarded for their quality, innovation, and competitive pricing, making China an essential source for Saudi enterprises looking to enhance their product offerings and meet the growing demands of their market. Taiwan, on the other hand, stands out in the global arena for its expertise in high-tech industries, particularly semiconductors, precision machinery, and information and communication technology (ICT). Its reputation for producing high-quality, advanced technology products makes it a vital partner for Saudi businesses aiming to incorporate cutting-edge technologies into their operations. Taiwan's commitment to research and development has positioned it as a leader in sectors such as green technology and smart solutions, aligning with Saudi Arabia's vision for economic diversification and sustainable development. In addition, Taiwan is renowned for its diverse and high-quality fruits, such as mangoes, pineapples, guavas, and the unique custard apples, which are highly sought after for their superior taste and quality.
Digital Transformation
In Saudi Arabia, an emerging market of global concern, the pace of national construction is not only accelerating, but also undergoing a profound digital transformation. Information technology plays a vital role in this transformation process. It is no longer just Auxiliary tools, but the core of change. Formosa+ has a deep understanding of this. We not only regard information technology as a driving force for business growth, but also as the key to connecting Saudi Arabia with international partners and integrating macro culture and micro operations. platform. For Saudi Arabia's digital transformation, Formosa+ provides not just technical solutions, but a new business philosophy. Through customized digital strategies, we help customers and Saudi Arabian partners achieve deep integration at the economic, social and even cultural levels. This includes using advanced technologies such as big data, cloud computing, and artificial intelligence to optimize business processes and improve operational efficiency. It also covers enhancing customer experience through digital means and promoting the development of innovative service models. Under the guidance of Saudi Arabia’s “Vision 2030”, Formosa+ actively participates in Saudi Arabia’s socio-economic development, especially digital reforms in key areas such as education, healthcare, and finance. Our goal is to help Saudi Arabia build a more intelligent and efficient future society through specific and practical technological applications rather than vague concepts. Such efforts will not only help Saudi Arabia achieve its ambitious national development goals, but will also open up unprecedented growth opportunities for Formosa+ and our customers. In short, Formosa+ is committed to becoming a solid partner in Saudi Arabia’s digital transformation journey, promoting continuous innovation and development for customers in Saudi Arabia and around the world through in-depth industry insights and advanced technical capabilities.
Business Tours
Formosa+ curates business tours for Saudi enterprises to Taiwan and China, designed to explore the vibrant ecosystems of innovation and the multifaceted areas of collaboration beyond cultural heritage. These tours aim to provide a holistic view of the technological advancements and diverse opportunities available in both countries. In Taiwan, besides the Hsinchu Science Park, which showcases the island's strengths in semiconductors and IT, participants will also be introduced to Taiwan's advancements in green technology and renewable energy. A visit to the Green Energy and Environment Research Laboratories at the Industrial Technology Research Institute (ITRI) will highlight Taiwan's commitment to sustainable development and its leading role in green technology innovations. This exposure is crucial for Saudi enterprises looking at sustainable practices and technologies to bring back to the Kingdom. China's itinerary features a deep dive into Zhongguancun, Beijing's innovation hub, to explore the latest in technology and startups. Additionally, the tour will extend to sectors such as advanced manufacturing and biotechnology. A visit to the Beijing Bioengineering and Biomedical Center will illustrate China's rapid advancements in the biotech sector, offering opportunities for collaboration in healthcare and pharmaceuticals. This sector's growth is aligned with Saudi Arabia's Vision 2030 goals to diversify its economy and develop its healthcare sector. By including these varied sectors and experiences, Formosa+ ensures that Saudi business leaders gain a comprehensive understanding of the potential for collaboration in not just cultural heritage but also in technology, green energy, advanced manufacturing, and biotechnology. The objective is to inspire Saudi enterprises to explore new ventures, innovate their operations, and seek out strategic partnerships in Taiwan and China, leveraging the unique strengths of these markets to achieve competitive advantage and sustainable growth.
Set up factory
Setting up factories in Saudi Arabia represents a strategic endeavor to foster technology transfer and facilitate international collaborations. As a key enabler in bridging Saudi Arabian enterprises with leading Chinese and Taiwanese companies, Formosa+ plays a pivotal role in supporting the establishment of manufacturing facilities within the Kingdom. By leveraging its expertise in managing cross-cultural business relationships and deep understanding of the Saudi, Chinese, and Taiwanese business environments, Formosa+ facilitates the entire process of setting up factories, from initial planning to operationalization.
Setting up factories in Saudi Arabia presents numerous benefits for local companies, enhancing their competitiveness and driving economic growth. By establishing manufacturing facilities within the country, Saudi companies can realize significant cost savings through reduced transportation and import costs, ensuring their products remain competitive in the market.
Moreover, local manufacturing enables Saudi companies to customize products to meet local preferences, maintain strict quality control standards, and streamline supply chain operations, leading to improved efficiency and customer satisfaction. Additionally, setting up factories contributes to job creation, economic diversification, and technological advancement within the Kingdom, while also fostering strategic partnerships and collaborations with international entities.
China's itinerary features a deep dive into Zhongguancun, Beijing's innovation hub, to explore the latest in technology and startups. Additionally, the tour will extend to sectors such as advanced manufacturing and biotechnology. A visit to the Beijing Bioengineering and Biomedical Center will illustrate China's rapid advancements in the biotech sector, offering opportunities for collaboration in healthcare and pharmaceuticals. This sector's growth is aligned with Saudi Arabia's Vision 2030 goals to diversify its economy and develop its healthcare sector.
By including these varied sectors and experiences, Formosa+ ensures that Saudi business leaders gain a comprehensive understanding of the potential for collaboration in not just cultural heritage but also in technology, green energy, advanced manufacturing, and biotechnology. The objective is to inspire Saudi enterprises to explore new ventures, innovate their operations, and seek out strategic partnerships in Taiwan and China, leveraging the unique strengths of these markets to achieve competitive advantage and sustainable growth.
Strategic Project Integrator
Formosa+ serves as a strategist and overseer for complex initiatives, developing comprehensive roadmaps and coordinating with stakeholders to ensure investment and interest alignment. We hold detailed industry analysis to identify potential market opportunities and the establishment of key partnerships across the industry spectrum. We are are tasked with facilitating the transfer of essential knowledge, fostering the development of a skilled workforce, and providing robust project management to ensure seamless execution of the initiative.
Import
Import high-quality products from Taiwan and China.
Vertical Services
Consultancy
Provide consulting services for enterprises specifically for landing in Saudi Arabia. The content is the result of a special knowledge management and organizational learning process.
Cooperation
Combining FA, consulting, and equity participation, we work with Taiwanese companies to establish partnerships in Saudi Arabia.
Visitation
Organize high-level business study tours from Taiwan or Mainland China to Saudi Arabia, with the main purpose of specific docking cooperation.
Business Tours
Provides the latest economic, industrial, and commercial development information in Saudi Arabia from multiple sources and clues.
FA
Provide giant enterprises with official docking services in Saudi Arabia.
Integration and EPC
Integrate technology companies to provide complete solutions to fulfill Vision 2030 requirements for Saudi officials or enterprises.
Import
Import high-quality Taiwanese products to Saudi Arabia, such as mangoes, pineapples, and custard apples.
Set up factory
In line with the preferential policies of the Saudi government (such as the National Industrial Clusters & Logistics Program), we cooperate with the Saudi consortium to set up factories.
Core Team
Dr. Wesley Shu
Founder & CEO
Graduated from the Department of Economics of National Taiwan University, an MBA in Finance from Indiana University, and a PhD in Information Management from the University of Arizona. He has served as an MIS professor in California, Taiwan, and the United Kingdom, and has worked in academia for decades. He finally joined the Alfaisal Universiy Business School founded by the King Feather Foundation - King Faisal Foundation, where students are all from royal families or wealthy businessmen. He is a professor with innovative thinking and action, who has a sense of mission for advanced high technology, innovative ideas, business models, and human civilization.
Rex Lin
Chief Knowledge Officer
With over a decade of experience in e-commerce, I founded RefLink Digital Marketing Group, serving renowned brands such as Michelin and Osram. In 2020, I joined Newave Blockchain Capital as a partner and established WaveTide in 2021, focusing on AI and web3 for brand/IP empowerment. Holder of the Project Management Professional (PMP) certification, I am dedicated to driving innovation in blockchain and digital marketing. Currently, I lead teams primarily in Singapore and Taipei, striving to advance these fields.
Dr. Vincent Chiang
Chief Operating Officer
Vincent Chiang holds a Ph.D. in Biomedical Sciences from Taiwan's National Defense Medical Center (NDMC). Specializing in vaccine development for multidrug-resistant bacteria and VR applications in medicine, he has consistently secured NSTC research funding. An innovator in medical education, Vincent has inspired both student creativity and learning efficiency through digital transformation. His career is adorned with prestigious awards including the Tien-Te Lee Biomedical Award, the MERCK Young Scientist Award, and a recent nomination for the Young Leader Awards by the American Society for Microbiology in 2023. Vincent embodies the unique blend of academic rigor and operational leadership.
KuoYeh Shen
Chief Innovation Officer
PhD candidate in Computer Science, with degrees in Mechanical Engineering and an MBA from National Taiwan University.
Co-founder of Metawave Lab, General Partner at Newave Capital, and President of Tsinghua International Blockchain Association. Extensive experience as a CEO, blockchain consultant, and deep learning manager.
Expertise spans AI, finite element analysis, stochastic calculus, time series analysis, system modeling, cryptography, federated learning, and blockchain. Notable speaker at AWS China Beijing Summit.
Diverse skills and leadership roles showcase a multifaceted professional with a strong technological and business background.
Mr. Ping Chen
Chief Technology Officer
Master's degrees in Management Information Systems from University of Arizona. With 10+ years of experience in leveraging data to drive growth and optimize business performance. Achievements include the successful development and launch of data-driven products, the formulation and execution of market entry strategies, the establishment of physical presence and early operations, and the creation of high-performing local teams.
Mr. Mohammed AI-Naseh
Manager, CEO Office
Mr. Mohammed obtained his bachelor's degree from Zhejiang University of Technology.
H.E. Pei-Ni Beatrice Hsieh
首席創意官
Ms. Hsieh is recognized as one of the world's most important contributors in arts, culture, creativity, fashion, technology with two prominent titled:
Chevalier, Ordre des Arts & Lettres, France, &
Chevalier, Ordine al Merito della Repebbulica Italiana.
The notable Chinese Laureates of the former include GAO Xingjian, the first Chinese Nobel Literature Laureate; MO Yan, the second Chinese Nobel Lierature Laureate; Michelle Choo-Kheng YEOH, the best actress of the 95th Academy Awards; HOU Hsiao-hsien, the Director of the Decade"""" for the 1990s by The Village Voice and Film Comment; LANG Lang, Pianist; ZHANG Ziyi, Actress; ZHOU Xun, Actress; FENG Xiao'gang, Director.
She is the only Chinese Laureate of the latter.