The Ministry of Economic Affairs (MOEA) is working on a plan to establish a new industrial park in the southern city of Kaohsiung by the middle of next year to encourage the relocation of high-tech industries and create around 2,700 jobs, economics officials said yesterday.
The officials at the Export Processing Zone Administration confirmed that the ministry would submit the plan to the Cabinet in March for approval.
The 8.48-hectare tract of land for the proposed park is a former Veterans Plastics Work factory site, which is opposite the Nantze Export Processing Zone in Kaohsiung’s Nantze district.
The project would cost about NT$1.8 billion (US$32.58 million), and when it is completed in the middle of next year, high-tech and other industrial companies interested in setting up shop in the park would be able to choose plots to set up their own plants, the officials said.
The officials estimate that the industrial park will have the capacity to attract NT$10 billion in total investment, with an annual business turnover of NT$15 billion.
Meanwhile, Taiwan plans to cut the number of foreign laborers it allows local construction and manufacturing firms to hire in a bid to create jobs for locals amid the economic downturn, a newspaper reported yesterday.
The MOEA has proposed barring major public projects from employing foreign workers, the United Daily News reported yesterday.
It also proposed offering subsidies to manufacturers that employ Taiwanese workers.
The paper quoted Minister without Portfolio Tsai Tsun-hsiung (蔡勳雄) as saying 33,000 jobs could be released for Taiwanese under the plan.
Taiwan currently employs about 370,000 foreign laborers.
Tsai said the proposal would be submitted to the Cabinet for approval later this month.
Taiwan’s unemployment rate soared to a four-year high of 4.64 percent in November.
But critics question if Taiwanese are willing to take up blue-collar jobs, noting that many employers provide harsh working conditions and assign heavy workloads to foreign laborers.
Tsai said there were no plans to replace the 170,000 foreigners who work as caretakers at homes and hospitals.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new