Firms vie for space at Kaohsiung industrial park

2014-08-27

Newly developed Hefa Industrial Park in Kaohsiung City is already heavily oversubscribed, testament to huge demand for space from manufacturers as Taiwan's economy booms.

When completed, the park is expected to generate NT$35 billion (US$1.2 billion) annually, according to the city’s Economic Development Bureau.

A total of 121 enterprises have applied for 117.02 hectares of factory space since the park opened for lease in May, 37 percent more than the 85.48 hectares available.

“Strong demand shows the park is highly attractive in terms of available business incentives, location and pricing,” an EDB official said. “Combining two industrial bases in Daliao District in the heart of the city, the park provides ready access to the local industry value chain and integration with nearby Dafa and Wanda parks.”

According to the official, plot rates range from about NT$21,000 to NT$27,000 per square meter. Dedicated to four main industries—electronics, machinery manufacturing, metalworking, and traffic and transportation—the park is expected to create 10,000 jobs.

Major enterprises lined up for the park include China Steel Machinery Corp., Flexium Interconnect Inc.—a major flexible printed circuit board provider for Apple Inc.—and Kwang Yang Motor Co. Ltd.

"Kaohsiung City Government is busy searching for additional locations to establish further parks, in the light of continually increasing demand for dedicated industrial land," the official said.

Source: Taiwan Today (http://taiwantoday.tw/ct.asp?xItem=221049&CtNode=413)