The TSU yesterday demanded that the government provide industrial park land lots for domestic companies free of rent to help revitalize battered traditional industries and increase job opportunities.
The TSU legislative caucus also demanded the government develop idle industrial zones and military land into special export processing zones for the textile industry and its accessory industries.
TSU Legislator Huang Chung-yuan (黃宗源) said at a news conference that Taiwan's investment climate is unattractive.
"Besides environmental dis-putes and hindrances set by a handful of corrupt officials, many other factors, including exorbitant land prices, high wages and labor shortages have also discouraged domestic investment," he said.
Huang pointed out that the cost of building a plant in Taiwan is more than 10 times higher than it is in China, domestic banks are likely to retrieve their loans anytime without justifiable reasons and labor costs are eight times higher than in China.
TSU Legislator Wu Tung-sheng (吳東昇) told the news conference that, although the total value of exports by high-tech industries is huge, the aggregate imports made by these industries is also very large. As a result, the amount of foreign exchange they earn usually falls behind that earned by traditional industries.
"Therefore, the government should not focus only on promoting high-tech industries and should pay at least equal attention to traditional industries," Wu said.
By offering free industrial land to traditional industries, Wu said he believes that many traditional industries would be willing to increase the amount they invest as well as maintain their business roots in Taiwan.
AGING: While Japan has 22 submarines, Taiwan only operates four, two of which were commissioned by the US in 1945 and 1946, and transferred to Taiwan in 1973 Taiwan would need at least 12 submarines to reach modern fleet capabilities, CSBC Corp, Taiwan chairman Chen Cheng-hung (陳政宏) said in an interview broadcast on Friday, citing a US assessment. CSBC is testing the nation’s first indigenous defense submarine, the Hai Kun (海鯤, Narwhal), which is scheduled to be delivered to the navy next month or in July. The Hai Kun has completed torpedo-firing tests and is scheduled to undergo overnight sea trials, Chen said on an SET TV military affairs program. Taiwan would require at least 12 submarines to establish a modern submarine force after assessing the nation’s operational environment and defense
A white king snake that frightened passengers and caused a stir on a Taipei MRT train on Friday evening has been claimed by its owner, who would be fined, Taipei Rapid Transit Corp (TRTC) said yesterday. A person on Threads posted that he thought he was lucky to find an empty row of seats on Friday after boarding a train on the Bannan (Blue) Line, only to spot a white snake with black stripes after sitting down. Startled, he jumped up, he wrote, describing the encounter as “terrifying.” “Taipei’s rat control plan: Release snakes on the metro,” one person wrote in reply, referring
The coast guard today said that it had disrupted "illegal" operations by a Chinese research ship in waters close to the nation and driven it away, part of what Taipei sees a provocative pattern of China's stepped up maritime activities. The coast guard said that it on Thursday last week detected the Chinese ship Tongji (同濟號), which was commissioned only last year, 29 nautical miles (54km) southeast of the southern tip of Taiwan, although just outside restricted waters. The ship was observed lowering ropes into the water, suspected to be the deployment of scientific instruments for "illegal" survey operations, and the coast
An inauguration ceremony was held yesterday for the Danjiang Bridge, the world’s longest single-mast asymmetric cable-stayed bridge, ahead of its official opening to traffic on Tuesday, marking a major milestone after nearly three decades of planning and construction. At the ceremony in New Taipei City attended by President William Lai (賴清德), Premier Cho Jung-tai (卓榮泰), Minister of Transportation and Communications Chen Shih-kai (陳世凱) and New Taipei City Mayor Hou Yu-ih (侯友宜), the bridge was hailed as both an engineering landmark and a long-awaited regional transport link connecting Tamsui (淡水) and Bali (八里)
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