Pingtung Industrial Park Attracts Major Investment, Boosting Local Economy and Real Estate
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- The Liukuocuo Industrial Park in Pingtung, Taiwan, is attracting significant investment, with seven companies already signed up.
- The park's development is linked to the nearby Pingtung Science Park and Pingtung Technology Industrial Park, forming a new industrial cluster.
- New high-end residential projects in the nearby Pingtung city area are seeing prices stabilize in the 300,000 New Taiwan dollar range per unit.
Pingtung County's Liukuocuo Industrial Park is emerging as a significant industrial hub, having successfully sold all its land and attracting seven high-quality enterprises. Located adjacent to the Pingtung Science Park and Pingtung Technology Industrial Park, it forms a burgeoning industrial cluster. This development underscores a strong affirmation from the business community regarding Pingtung's investment environment.
County Magistrate Chou Chun-mi highlighted the county government's commitment to industrial transformation and economic development. She noted Pingtung's robust foundation in the automotive industry, encompassing manufacturing, precision processing, sales, and after-sales services, positioning it as a key automotive center in southern Taiwan. The arrival of Gaodou Motors at Liukuocuo marks a new phase for Pingtung's automotive sector, moving towards intelligence and high value.
The Liukuocuo Industrial Park is expected to generate over NT$27.6 billion in annual output and create 672 jobs. Its strategic location and the anticipated influx of TSMC supply chain companies into the Pingtung Science Park, projected to yield NT$140 billion in industrial benefits, are set to further boost the region. The county is also advancing development across five major industrial parks and fostering high-tech talent.
Meanwhile, the real estate market in Pingtung city, particularly around the Pingtung Armed Forces General Hospital, Guangfu Road, and Jianguo Road commercial areas, is seeing new light luxury residential projects stabilize at prices around NT$300,000 per unit. Some high-rise units with advantageous views are approaching NT$400,000. Developers from Kaohsiung are actively acquiring land in Pingtung, with local builders also maintaining a steady presence in the market.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.