What are the costs of water, electricity and land at Taiwan’s industrial zones and science-based industrial parks?
Water and Electricity
Industrial zones have already set up basic public infrastructure facilities for water, electricity and telecommunications. After hiring workers to build factories, a company can apply to the water, electricity, and telecommunications companies; fees and expenses will be calculated based on rates set up by the respective companies. Detailed information on rates can be obtained by clicking on the Related Content links on the right.
Industrial Zone Land and Construction Costs
The costs for industrial land, construction, or rental fees at the industrial zones at the Ministry of Economic Affairs'' (MOEA) Industrial Development Administration will be determined based upon the cost of development and will then be finalized by the Evaluation Committee for Construction and Industrial Land Costs. When buying property in the industrial zone, apart from paying for the land, the company should also pay fees to the Management Fund for the Development of the Industrial Zones (which is calculated as 1% of the purchase price). When applying to purchase or rent land or buildings within the industrial zone, the company should also pay 3% of either the annual rent or the selling price of the property as a security deposit. If the purchase or rental is approved, the guarantee fund will be calculated as part of the rent without interest, while the money will be returned -- interest-free -- if the purchase or rental proposal is rejected.
Detailed information can be obtained from IDB wbesite.
