Taisugar land set to be developed for industryBy Angelica Oung / Staff reporterThe Ministry of Economic Affairs (MOEA) aims to develop 423 hectares of land currently held by Taiwan Sugar Corp (Taisugar, 台糖) for industrial use by the end of the year, the Industrial Development Bureau (IDB, 工業局) said yesterday. The land will be rented to businesses seeking to establish or re-establish manufacturing facilities in Taiwan, Yang said. While many have chosen to set up shop in Southeast Asia on larger land parcels with cheaper labor, the ministry has made a coordinated attempt to provide suitable land to attract manufacturers in Taiwan. The Ministry of Economic Affairs’ InvesTaiwan Service Center provides “matchmaking” services for businesses looking for manufacturing sites, interim spokeswoman Nicole Chen (陳明珠) said. “Whether or not you are a returning Taiwanese business or a foreign business wanting to set up Taiwanese manufacturing, we will help you find a suitable site,” Chen said.

Source: Taipei Times February 15, 2021 15:56 UTC