Skip to the page content area.
Investment Opportunities     Investment Environment     News and Events     FAQ    
 

New industrial development package providing land and manpower to manufacturing sector

October 25, 2006

A major industrial development plan passed by the Executive Yuan will provide more land for factory use and ease restrictions over the importation of foreign labor.

The details of the plan were outlined by MOEA Administrative Vice-Minister Shih Yen-hsiang at a meeting of city and county heads, which aimed to help cities and counties shape investment development goals and policies towards building a favorable business environment for investors.

Measures to help the manufacturing sector with land-use and labor were created as part of the "Large-Scale Investment" plan recently drafted by the Executive Yuan, as part of an aggressive drive by the government to initiate more private investment.

As the manufacturing sector has shown concern about a lack of manpower, the government has sought out to show its sincerity in addressing the problem by having the MOEA immediately accept new applications to bring in foreign labor.

Applicants would be able to take advantage of a relaxed quota restrictions on foreign laborers in the "three shift" manufacturing businesses -- those companies operating 24 hours a day. In addition, other previous quota restrictions and other regulations on hiring foreign labor have been relaxed.

In addition, as part of the "Large-Scale Investment" plan, 1,000 hectares of land owned state-run Taisugar will be open to factory use. The government has also formed a cross-agency review task force to oversee its implementation.

(Economic Daily News)

E-mail this page.E-mail this page.

Picture of Stock Market Section of Newspaper for News and Events Section
:::

Related Content

Related Links