Taiwan EPZ output chalks up strong growth

2014-11-03

Taiwan’s export processing zone output grew 12.36 percent year on year for the first three quarters of 2014 to US$10.6 billion, recording a trade surplus of US$3.8 billion, according to the Ministry of Economic Affairs Oct. 30.

Total employment in the EPZ, encompassing 10 campuses in Kaohsiung, Pingtung and Taichung, topped 81,000, up by 6,476 from the same period last year. This number is expected to hit a record high in the fourth quarter on the back of three recent investments.

“The investments totaling NT$31.2 million (US$1.03 million) are in southern Taiwan’s Kaohsiung Software Technology Park,” an MOEA official said. “It is projected they will create at least 50 job opportunities for the port city.”

Topping the list is JS Environmental Technology and Energy Saving Co. Ltd. It will invest NT$18.2 million in establishing operations for smart wireless sensor network and energy saving solutions. IFM Electronic Ltd., the Taiwan branch of a Germany-based automation company, is set to spend NT$8 million on expanding its business in actuator sensor interface, industrial imaging and motion control sensing.

Lequios Soft Taiwan Inc., a Tokyo-headquartered firm specializing in the development of earthquake monitoring software and systems, plans to invest NT$5 million to establish its southern Taiwan arm. The company is looking to tap Taiwan’s burgeoning disaster prevention market.

Source: Taiwan Today (http://taiwantoday.tw/ct.asp?xItem=223535&CtNode=413)