Dutch brewing company Heineken NV on Friday announced an investment of NT$13.5 billion (US$414.62 million) over the next five years in Taiwan.
The first multinational brewing company to operate in Taiwan, Heineken made the statement at a ceremony held at its brewery in Pingtung County.
It also outlined its efforts to make the brewery “net zero” by 2030.
Photo: Chen Yen-ting, Taipei Times
Heineken has been in the Taiwanese market for 20 years, Heineken Taiwan managing director Jeff Wu (吳建甫) said.
With strong support from local consumers, the Dutch brewery decided to transition from sales to manufacturing in the country, Wu said.
Heineken assumed majority ownership and management rights of the Long Chuan Zuan Co (龍泉鑽興業) brewery in Pingtung County’s Neipu Township (內埔) in 2022.
The brewery began production in the first quarter of this year.
Wu said that Heineken hopes to supply “Made in Taiwan” products to neighboring countries from its Pingtung brewery, allowing Taiwan-made products to gain global recognition.
Taiwan is Heineken’s second-largest export market in the world, with production at the Pingtung brewery looking to supply the East Asian market, Vice President William Lai (賴清德) said during his speech at the ceremony.
The investment means a lot to Taiwan and its farmers, Lai added.
He said that Heineken’s Pingtung brewery seeking to go net zero is truly remarkable and should serve as a benchmark for others in Taiwan’s brewing industry.
The president-elect also mentioned Pingtung’s fertile soil and skilled farmers, saying that he hopes locally sourced brewing barley would elevate the Pingtung brewery and make it one of the Dutch company’s top-quality breweries among its 160 around the world.
Pingtung County Commissioner Chou Chun-mi (周春米) was also in attendance.
Chou said she was very happy that Pingtung is the first city in Taiwan to be chosen for production by an international brewing company and is proud to see “Made in Taiwan” on Heineken canned beer.
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Hon Hai Precision Industry Co (鴻海精密) yesterday said it would work with US chipmaker Intel Corp to jointly develop and deploy next-generation artificial intelligence (AI) infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems. Hon Hai, also known as Foxconn Technology Group (富士康), said in a statement that the partnership would combine its global manufacturing scale, system integration expertise and AI data center deployment capabilities with Intel’s strengths in processor architecture, silicon technologies and software ecosystem. The companies said they plan to work on equipment used in AI data centers, including server racks powered by
Artificial intelligence (AI) agents would supplant smartphones as the center of people’s digital lives, fundamentally reshaping personal devices and driving a major computing upgrade cycle, Qualcomm Inc CEO Cristiano Amon said yesterday. In his keynote speech for this year’s Computex trade show in Taipei, Amon said that the rise of "agentic AI" — AI systems capable of reasoning, planning and carrying out tasks autonomously — would transform how people interact with technology across phones, PCs, vehicles and wearable devices. Describing the technology as the next major evolution in computing, Amon said that "2026 is the year of agents.” For decades, smartphones have sat
RSS