Gov. Edgar Chatto yesterday welcomed David Huang, vice president of the TCCI in the Philippines, on his first visit here to explore investment opportunities.

Huang manifested to Chatto Taiwan’s increasing interest in Bohol as investment and tourism destination.

Tourism and agriculture were areas of their key discussions.

Taiwan is also eyeing for direct flights from Taipei to Bohol once the new Bohol Panglao Airport is operational beginning in August, this year.

Taiwan is a small island-nation and a partially-recognized state in Southeast Asia.

Yet it is the most populous state and largest economy that is not a member of the United Nations.

The economy of Taiwan is the 7th largest economy in Asia, and is included in the advanced economies group by the International Monetary Fund.

It is gauged in the high-income economies group by the World Bank, and ranked 15th in the world by the Global Competitiveness Report.

The so-called “Taiwan Miracle” or Taiwan Economic Miracle refers to the rapid industrialization and economic growth of Taiwan during the later half of the twentieth century.