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Vintage export processing zones to be revamped

Vintage export processing zones to be revamped

Vintage export processing zones that have contributed significantly to Taiwan's economic growth over the past 40 years will be revamped soon, in line with the launch of new "12 development projects," economics officials said Monday.
The physical structure of the Nantze and Kaohsiung Export Processing Zones in the southern port city of Kaohsiung, as well as the Taichung Export Processing Zone in central Taiwan will be renovated to meet new demands, officials from the Economic Processing Zone Administration under the Ministry of Economic Affairs said.
The software facilities at the Nantze, Kaohsiung and Taichung export processing zones will also be upgraded to convert the zones into new greener manufacturing hubs, the officials said. They envisioned that the hubs will be more efficient in terms of production, water and energy use and carbon dioxide emissions.
So far, more than 80 manufacturing companies have agreed to join the renewal project, under which an additional 16,000 square feet of land will set aside for greening. Manufacturers have already committed to sponsoring the greening of some 11,000 sq.ft. of the allocated space, the officials said.
The Nantze, Kaohsiung and Taichung export processing zones have been Taiwan's "cradles of manufacturing" where most of the country's electrical and electronic manufacturing industries started up some four decades ago. These zones have also been the prime movers behind Taiwan's economic growth over the past years.


Updated : 2021-04-12 12:42 GMT+08:00