Biggest-ever Food Show generates record business

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CNA

TAIPEI–The annual Taipei International Food Show has generated record business through procurement meetings, despite the gloomy global economy, the organizers said yesterday.

The show, which kicked off June 27, hosted 876 procurement meetings during its first two days for 76 international buyers from 22 countries, the Taiwan External Trade Development Council (TAITRA) said.

The business generated from those meetings reached US$46.89 million, up 26.7 percent from US$37 million a year ago, said Alice Wang, the TAITRA staffer in charge of the event.

In addition, Wang noted, the number of buyers from emerging markets has increased remarkably over the past few years, while the numbers from developed countries such as the United States, Canada and Japan have maintained similar levels.

Among the 2,000-plus booths, the show has attracted more than 450 exhibitors from nearly 30 countries.