By Chen Wei-han / Staff reporterThe Executive Yuan yesterday approved a proposal to build a “green” energy park in the Shalun area (沙崙) in Tainan’s Gueiren District (歸仁) to attract NT$1.2 trillion (US$37.93 billion) in investment in the renewable energy industry. In addition to research bodies under the two ministries, Academia Sinica, National Chiao Tung University and National Cheng Kung University will establish facilities and campuses in the park to boost their research capacity. “The park has been in the planning for some time and is part of the government’s program to develop the ‘five plus two’ industries. The “five plus two” industries include an Asian Silicon Valley, “intelligent” machinery, “green” energy technology, biomedicine and national defense — plus establishing a new agricultural paradigm and a circular economy, which the government has been promoting to boost the nation’s economy. The project is expected to create NT$1.2 trillion in private investment and introduce 1,000 researchers to the park, Minister of Science and Technology Yang Hung-duen (楊弘敦) said.

Source: Taipei Times October 27, 2016 16:05 UTC