Three companies will invest locally $ 4 billion NT: ministry
By Chen Cheng-hui / Journalist
The InvesTaiwan service center on Thursday approved requests from three companies to invest a total of NT $ 4 billion ($ 144 million) under government incentive programs, the Ministry of Economic Affairs said.
Asia IC MIC-Process Inc (äºæ³° åå°é« è¨å), which since its inception in 1997 has been involved in supply systems for suspension and chemical mechanical polishing (CMP) chemicals used in semiconductor processing , will invest NT $ 800 million to build intelligent production lines at a new factory in Hsinchu Industrial Park (æ°ç«¹ å·¥æ¥ å), the ministry said in a statement.
The Hsinchu-based company, which also operates in China, Malaysia and the United States, counts the world’s leading semiconductor manufacturers among its customers.
However, affected by trade tensions between the United States and China and in response to changes in the international business environment, the company decided to expand its capabilities in Taiwan, the ministry said.
The investment is expected to create 40 jobs, he added.
Qualipoly Chemical Corp (å ç²¾ åå¸), which produces UV curable resins, unsaturated polyester resins, polyurethane resins and other composite resins, to spend NT $ 1.9 billion to establish new manufacturing facilities in the Tainan Technological Industrial Park (å°å ç§æ å·¥æ¥ å), the ministry said.
The new facilities would include smart production lines, warehouses and offices, as the company aims to introduce the latest production technologies and build a second domestic production base, as well as a research and development center in Taiwan to help to modernize the country’s petrochemical industry, the ministry said. , adding that this would create 82 jobs.
The investment center also approved an application from Spring Profit Plating Work Co (çè³¢ å¯¦æ¥), a surface treatment company that offers one-stop plating and coating services, to expand its manufacturing facilities in the district of Go to Tainan (ä»å¾·) and install artificial intelligence. equipment, he said.
The company also aims to strengthen its technological capabilities of electroplating and coating, while paying more attention to environmental protection and reducing carbon emissions to comply with the most stringent environmental regulations in the future. , did he declare.
The company’s NT $ 1.3 billion investment is expected to create 68 jobs, he added.
The investment center has so far approved 1,103 requests from Taiwanese companies to invest a total of NT $ 1.55 trillion under three government-backed incentive programs launched in early 2019, the report said. ministry, adding that their investment pledges should create 123,228 jobs.
The programs provide participating businesses with assistance with financing, taxation, land, utilities and labor.
The government is seeking to extend the “Invest in Taiwan” initiative by three years to three years after reaching the target of NT $ 1.5 trillion in investments by the end of this year, the ministry said.
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