Invest Taiwan approves 4 companies’ investment plans

2025/02/10

Investment proposals by four small and medium enterprises have been approved by the interministerial organization Invest Taiwan, Feb.7, highlighting the government’s advancement of domestic prosperity, according to the Ministry of Economic Affairs.

Since the 2019 launch of the Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan, Action Plan for Accelerated Investment by Domestic Corporations and Action Plan for Accelerated Investment by Small and Medium Enterprises, the three programs have attracted investment of over NT$2.5 trillion (US$76.28 billion) from 1,652 businesses, creating more than 159,982 jobs, the ministry said, adding that the SME initiative has drawn a total fund of NT$564 million (US$17 million), leading to 40,326 job openings.

Among the four companies, the Taichung City-based Tong Chi Enterprise Co. specializes in manufacturing of plastic sheets and plastic board vacuum forming, with its products having acquiring Aerospace 9100 certification. The firm announced a plan to build a new plant in Taichung City, which would install solar panels on its roof as part of its commitment to advancing green technology.

Global-Mart Foods Co. in New Taipei City produces various snacks made of peanuts and broad beans. The company’s food commodities serve local customers such as Taiwan High Speed Rail, airline companies as well as overseas clients. The corporation is scheduled to build a new factory in New Taipei City’s Ruifang Industrial Park where energy efficient equipment will be adopted, the MOEA said.

The other two businesses are Gomore Building Envelope Technology in Taipei City, which excels in the construction of external walls and Jun Lounc Industrial Co. in the central city of Taichung, which offers metal surface coating engineering services, the ministry added.


Source: Taiwan Today (https://taiwantoday.tw/index.php)