Wed, Dec 18, 2013 - Page 14 News List

US investment to create more than 500 jobs: bureau

Staff writer, with CNA

Ten local investment projects launched by US-based businesses could create more than 500 jobs for Taiwan, the Industrial Development Bureau said yesterday.

The investments are expected to generate industrial benefits worth NT$290.8 billion (US$9.3 billion), more than four times the initial investment amount of NT$7.15 billion, the bureau said in a statement.

DESIGN CENTER

Among the projects is a three-year plan by human interface developer Synaptics Inc, which aims to establish an integrated circuit design and development center at a cost of NT$510 million.

PC vendor Dell Inc is also investing NT$1 billion to establish a low-energy cloud computing data center over the next three years, the bureau said.

SIXTY-NINE DEALS

In addition to the 10 investment projects, separately sealed between the two sides this year were another 17 US-Taiwan industrial cooperation projects and a further 52 deals regarding intellectual property rights, the statement said.

Overall, the bureau said the cooperation between Taiwan and US businesses this year could generate potential business worth NT$342.7 billion, according to the statement.

GOOGLE DATA CENTER

Next year, US investments in Taiwan look set to go even higher, as search giant Google Inc works on a plan to double its investment in its new data center in Taiwan’s Changhua County to US$600 million.

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