The Industrial Cluster is Well-established, With an Annual Output Value of US$90 billion
Taoyuan City is located in northern Taiwan, the center of Taiwan’s geography, demography and economy. It is also the hub of Taiwan’s industrial world, laying the foundation for the transition from agriculture to industry. With the government’s economic development plans, major industrial parks have been established. The annual industrial output value is about US$90 billion.
In the early industrial development, Taoyuan established a solid foundation in the fields of electronics, machine tools and textiles with the development strategies of manufacturing, OEM (original equipment manufacturer) and cost reduction. It further expands into car parts, ICT (information and communication technology), logistics, EV (electric vehicles), and cloud computing. At present, it combines the Taoyuan Aerotropolis Project with the existing industrial resources and advantages of Taoyuan. The primary focus of its development strategy is to help Taoyuan transform into the industrial type with low pollution, low energy consumption, low water consumption and high added value (Three-Lows and One-High).
Taoyuan is more than the best example of an industrial transformation base. The diverse industries include food, textiles, chemicals, automobiles, logistics, aviation, optoelectronics, biotechnology, green energy, medical care, etc. There are also many well-known Taiwanese companies and top 100 global brands, such as 3M, Coca Cola, Dupont, Toyota and other international manufacturers.
Introduction of Industrial and Commercial Technology Parks
Industrial and commercial complex
In accordance with the “Economic Revitalization Package” and the “Six-Year National Development Plan,” its overall consideration covers the establishment, plans, policies and regulations governing the development and establishment of industrial and commercial complexes in Taiwan so as to facilitate investment from private enterprises. There are two goals:
- To Boost Investment Inclination: As a result of rapid economic development and the fact that new business models are constantly innovating and moving toward large-scale and diversified operations, it is difficult to make fair and effective use of land resources and obtain large-scale commercial land. Therefore, the establishment of planning directive will be based on the concept of “Development Permit System” so that investors and developers can follow the fastest, the most reasonable and well-considered operating procedures to develop and set up industrial and commercial complexes. There will also be well-rounded preventive measures for speculations. In consequence, it shall boost investment inclination and help the use of land resources become fair and effective.
- To Improve Production and Distribution Channels:The government and enterprises have worked together to upgrade the level of manufacturing so as to enhance production and distribution channels, reduce distribution costs and refine the quality of life. Although production technology has been sharpened with reduced production costs, consumer purchases are still on the rise. It can be seen that distribution costs are still higher than expected.