The Ministry of Economic Affairs (MOEA) has disclosed it is in talks with international enterprises, such as Amazon and Google, about setting up high-tech R&D centers in Taiwan.
Economics minister Shen Jong-chin said that in the wake of the US-China trade war, establishing high-tech centers and advanced manufacturing hubs in Taiwan will be crucial for the country's development in the next two to three decades.
MOEA is redeveloping a 4.17-hectare land parcel originally occupied by old factory buildings in Kaohsiung Export Processing Zone, southern Taiwan, into an office building and two standard factory buildings in line with efforts to boost smart manufacturing, according to MOEA.
The office building will be completed at the end of 2020 and the two factory buildings in August 2021, MOEA said. These buildings will be available for use on lease rather than for sale, MOEA noted.
Shen was speaking at a ceremony marking the signing of letters of intent by a few companies - Radiant Opto-Electronics, Japan Display's Taiwan subsidiary Kaohsiung Opto-Electronics, JET Optoelectronics and Loami Biotech - for using the new office and standard factory buildings.
Economics minister Shen Jong-chin