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"Dear, our factory is growing taller!"-Renovated industrial park to meet industry demand for land

  • Published at: 2019-07-25 15:32
  • Last modified at: 2019-07-25 15:37

In order to address the needs of Taiwanese businesspersons returning from overseas for industrial land and encourage industrial upgrading and transformation, the Ministry of Economic Affairs launched the Renewal Development Plan for Urban Industrial Zones in March of 2018 to tackle the problem of insufficient industrial space by raising the heights of factory buildings. The feedback was very positive after the implementation, so the industrial sector suggested that the scope of application should be expanded. After Premier Su Tseng-chang instructed the MOEA to extend the application to industrial zones in urban planning and speed up the procedures, the Executive Yuan approved the Renewal Development Plan for Industrial Zones in April, establishing the policy and guidelines at higher levels while coordinating with the Ministry of the Interior to amend the Enforcement Regulations and the Guidelines for the Use Permission of Non-urban Land in Taiwan in Urban Planning Law. At the same time, municipal governments have all made a concerted effort to revise the relevant laws and regulations as well. All industrial parks nationwide will start to accept and handle applications following the announcement issued by the competent authority.

The MOEA pointed out that the areas included in the plan have been extended from industrial or scientific parks designated by the government to general industrial zones, or special districts, and non-urban industrial zones with unified developers. The incentive program includes new investment (15%), energy management (5%) and real estate donation for industrial use or rebate payment (30%), with a cap of 50% statutory vacant land. According to the MOEA, after actively locating sources of applicants and strengthening preliminary examination and counseling, a total of 32 premises have expressed their willingness to apply so far, with one in Taichung City and one in New Taipei City having passed the examination, four under review, and two under preliminary examination. It is estimated that the newly added investment amount will reach NT$11.7 billion, with 8,244 pings of newly increased floor area and more than 4,300 employed people.

The MOEA especially indicated that the Development Plan is a significant policy for the government to solve the problem of land shortage in eliminating the five obstacles to enterprise investment. The MOEA will continue to respond to the demands of industrial development so as to encourage domestic investment and further promote Taiwan's economic development.

  • Contact Organization:_Industrial_Parks_Division, Industrial Development Bureau, Ministry of Economic Affairs
  • Contact Person:Mr.Lu
  • Contact Phone:(02)2754-1255 ext.2501
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Industrial Development Bureau, Ministry of Economic Affairs
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