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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Beyond TSMC: Kaohsiung's Three Major Industrial Parks Drive Population Growth

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

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  • Kaohsiung is attracting population growth through the development of three major industrial parks: Ciaotou, BaiPu, and Renwu.
  • These parks are expected to create over 21,000 jobs and significantly boost the local economy.
  • The developments aim to strengthen southern Taiwan's semiconductor industry and attract major investments.

Kaohsiung is experiencing a significant population influx driven by the accelerated development of three major industrial parks: Ciaotou, BaiPu, and Renwu. These projects, strategically located in the Ciaotou and Renwu areas, are poised to generate more than 21,000 job opportunities, acting as a powerful magnet for new residents.

The Ciaotou Science Park, since its public engineering commencement in September 2022, has adopted a model of simultaneous public construction and corporate factory development. With numerous infrastructure facilities nearing completion, the park has already approved 28 companies for residency, with four more currently constructing their facilities. As these factories become operational, the park's population is projected to grow rapidly. The park's "Digital Complex Building," set to be finished in the latter half of this year, will house essential services like banks and a kindergarten, enhancing the living support for businesses and their employees. Upon full operation, Ciaotou Science Park is expected to create approximately 11,000 jobs and achieve an annual output value of NT$180 billion.

Located on the border of Gangshan and Ciaotou districts, the BaiPu Industrial Park spans 88.73 hectares. Approved by the Ministry of Economic Affairs on March 17, it is slated to attract industries such as semiconductor and electronic component manufacturing, promising an annual output value of NT$300 billion and creating 4,500 jobs. Public facility construction is set to begin mid-year, with ongoing efforts to attract major semiconductor and AI companies. Full production is anticipated around 2030.

The Renwu Industrial Park, focusing on aerospace technology and high-end manufacturing for the computer electronics industry, covers about 74 hectares. Its first phase involves 29 companies, including Tian Zheng International Precision Machinery and Yuan Shan Technology, building their factories concurrently. The second phase is under development, and upon completion of public engineering in 2028, the park is expected to generate an annual output value of NT$24.2 billion and create approximately 6,300 jobs.

Kaohsiung's Economic Development Bureau Director, Liao Tai-hsiang, emphasized the city's commitment to fostering a robust semiconductor industry cluster in southern Taiwan. This initiative aims to build a complete industrial chain, attract more leading companies to invest in Kaohsiung, create high-paying jobs, and stimulate population growth.

DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.