February 22, 2024

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Investing in Taiwan’s Technology Industrial Park

The Export Processing Zone Administration (EPZA) of the Ministry of Economic Affairs (MOEA) recently reported that the park’s Investment Review Commission approves four investment applications. The total investment figures amounted to NTD 1.6 billion.

The first areas of investment include the manufacture and sale of LED explosion-proof luminaire, flameproof apparatus, and UVC-LED sterilisation equipment. The company’s products are mainly used in the lighting of the petrochemical industry and the special working environment where electrical and dust particles are inflammable and explosive. After station into Kaohsiung Cianjhen Technology Industrial Park (CTIP), it is expected to connect other LED lighting equipment manufacturers in the park to establish a related industrial chain.

Another company will invest NTD 1.2 billion to move the production line into Taichung Port Technology Industrial Park (TPTIP) for operation. The company plans to upgrade the production line to automated and smart production, expand the scale of operation and production efficiency. The company is mainly engaged in the development and manufacturing of home technology smart electric bed sets. The products use personalised settings and cloud, big data technology to customize sleep services and improve user’s sleep quality.

Another tech company mainly provides ship design and related technical analysis services. The company proposes simplified construction difficulty design in the initial design and assists the shipyard in setting up CNC and other automated production machines to reduce labour costs. Setting up a company and operating in Kaohsiung Software Park (KSP) could contribute to strengthening the overall industrial structure.

The investment also includes multinational human resources with multi-language translation. The company assists foreign employees to submit resumes by providing online diagnostic tools, providing talent matching channels to makes use of employing benefits of the right person in the right place. After station into KSP, the company will cooperate with other enterprises in the park to enhance the multi-functional human resources service system, which is expected to drive the development of the industrial chain.

EPZA is actively conducting the second phase of investment promotion for the KSP. The KSP will provide a field for 5G Artificial Intelligence of Things (AIoT), testing, and application development. It is not only located in the city centre of Asia New Bay Area but also forms a front shop, back factory with CTIP and Nanzih Technology Industrial Park (NTIP), to create the most important technology industry cluster in southern Taiwan. EPZA welcomes the information industry and 5G AIoT emerging technology enterprises to station in.

Technology Industrial Park (TIP) aims to accelerate the promotion of smart manufacturing, equipment optimisation, advanced material research and development, etc., and make the park into an important high-end manufacturing centre. Moreover, TIP actively introduces 5G equipment and resources, promotes intelligent, cloud-based, and customised services to explore new business opportunities in digital intelligence, as well as promotes the optimisation of park facilities.

As reported by OpenGov Asia, to accelerate the digital transformation of the southern manufacturing industries, The Export Processing Zone Administration (EPZA) of Taiwan’s Ministry of Economic Affairs (MOEA) strives for the Forward-looking Program 2.0 funds to promote the talents cultivation base project digital transformation in the southern parks, cooperates with the Institute for Information Industry (III) to build Taiwan’s first “Digital Transformation Innovation Hub (DTIH)”, which was officially completed in Kaohsiung Software Park (KSP).

Through the co-creation of localised value, assisting enterprises to digital transform independently, which will guide the model case from the Technology Industrial Park and expand to the southern industrial area, gradually leading the innovative transformation and development of the local industries, creating a comprehensive effect of win-win for the southern soft and hard industries.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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