Export zones renamed industrial parks - News Summed Up

Export zones renamed industrial parks


Export zones renamed industrial parksVIRUS FALLOUT? Officials from the export processing zones in Kaohsiung, Taichung and Pingtung County videoconferenced as they renamed the zones as technology industrial parks, marking the end of export processing zones in Taiwan after 55 years. The zones that were renamed technology industrial parks are to target smart manufacturing, equipment upgrades and advanced material research, with the aim of developing into important high-end manufacturing centers in Taiwan, the administration said. Speaking at the ceremony, Premier Su Tseng-chang (蘇貞昌) praised the role that export processing zones played in launching the nation’s economic development. The industrial parks in Taichung host mainly optical, electronics, flat-panel display, software and digital content companies; the industrial parks in Kaohsiung host mainly semiconductor, optoelectronics, logistics, software and digital content companies; and the industrial parks in Pingtung County host mainly water treatment companies and electric motor manufacturers.


Source: Taipei Times March 28, 2021 15:56 UTC



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