TAIPEI (CNA) – The Prospect Foundation is hoping its first Yushan Forum, being held Oct. 11-12, will promote innovation and development in the Asia Pacific region, it said in a statement on Saturday.

The goal of the forum is to stimulate growth and value creation in the Asia Pacific region, which is why the forum will gather leaders, scholars, and entrepreneurs from across the globe, the foundation said, citing previous comments by Prospect Foundation President Lai I-chung (賴怡忠).

It will feature discussions on the six themes of economic and trade issues, human resources, technological innovation, nongovernmental organization engagement, think tank cooperation, and youth dialogue at separate sessions during the two days.

A key feature of the forum will be the “New Southbound” exhibit, which will showcase the results of Taiwan’s initiatives related to Southeast Asia over the past under the government’s New Southbound Policy.

The exhibit will put a spotlight on many of the technological innovations in agriculture and smart machinery that have been promoted in Southeast Asian countries to boost agricultural production.

The forum will feature 40 speakers from 15 countries in South and Southeast Asia, as well as from Japan, South Korea, the United States and Europe.

By Elaine Hou and Kuan-lin Liu