October 26, 2004
Over 100 enterprises have invested
NTD 600 billion in Taiwan's three most important science parks, Hsinchu Science-based Industrial Park (HSIP), Southern Taiwan Science Park (STSP), Central Taiwan Science Park (CTSP), in the first nine months of the year. New investment seems to be keeping pace with the current economic recovery.
In this period, 33 companies have invested
NTD 39.14 billion in HSIP. This investment volume is two times greater than in the same period in 2003. STSP has approved
NTD 26.5 billion in investments from 23 companies, while CTSP has attracted
NTD 541.4 billion in investment from 53 companies.
With so many companies moving in, these science parks are facing increasing pressure for expansion. HSIP, Taiwan's oldest science park, acquired a 76 hectare tract of land in nearby Longtan in February and has already opened it to companies. In July, this science park also commenced planning work for a 122 hectare plot, which will be used for the second stage of the park's expansion at Longtan. STSP has already completed construction work on a 103 hectare piece of land. CTSP has wrapped up the bidding process for infrastructure construction work on a 14 hectare tract.
US glass maker Corning broke ground for the construction of a plant in CTSP in September. This plant will be a vital link in the supply chain for the park's flat panel manufacturers.
HSIP has seen its revenues grow by 46% on the year to
NTD 533.4 billion in the first half of the year. Revenues in CTSP have climbed 92% to
NTD 170.8 billion as of the end of August.
(Central News Agency)
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