Great Honor Asset Management Co (山榮資產管理) yesterday held a groundbreaking ceremony for a smart park project in Taoyuan’s Gueishan District (龜山), with total investment exceeding NT$20 billion (US$612.9 million).
The company said it expects to complete first-phase construction of the Nanmei Smart Park (南美智慧園區) — comprising warehouses, production lines and office buildings — in two years.
The site is close to national freeways No. 1 and 2, and is only about 20 minutes’ drive from Taiwan Taoyuan International Airport, Great Honor Asset Management said.
Photo: Hsu Yi-ping, Taipei Times
It takes about 50 minutes to reach the Port of Taipei and the Port of Keelung from the Nanmei Smart Park site, it added.
Covering 6,000 ping (19,830m2), the first phase consists of two buildings, with one for SHL Medical TW, a world-leading solutions provider of advanced drug delivery systems, Great Honor Asset Management said.
The other building is designed for medical, artificial intelligence and other high-tech firms, it said.
Being a “turnkey” developer that specializes in customized factory-office complexes, logistics centers for enterprises and management services, Great Honor Asset Management does not sell properties outright, but leases them through long-term contracts to retain its assets and receive stable rental income.
When the first-phase construction is completed, annual rental income is expected to be NT$400 million to NT$500 million, the company said.
The ceremony was attended by Great Honor Asset Management chairman Vincent Lin (林榮宗), SHL Medical Taiwan general manager Sebastian Feng (馮文宏), the companies’ management teams and local community leaders.
SHL said that the Nanmei Smart Park project marks a significant milestone for the company after it established a foothold in Taoyuan in 1989.
“As SHL Medical continues to grow, we remain committed to optimizing our operations and strengthening our global market leadership,” Feng said in a statement. “The new Taoyuan-Nanmei site will consolidate parts of our existing resources in Taiwan, allowing us to streamline our operations.”
In addition, the company said that it plans to invest US$100 million over the next five years to streamline processes by integrating capabilities and upgrading its Taiwan facilities.
It also plans to continue fostering local professionals, driving growth locally and globally, it added.
“The establishment of the new site further strengthens our commitment to providing best-in-class services and advancing Taiwan’s medtech industry,” SHL Medical chief executive officer Ulrich Faessler said in the statement.
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