2022-08-18
InvesTaiwan today (18th) convened a joint review meeting for the Action Plan for Accelerated Investment by SMEs, and approved the total investment of over NT$1.6 billion by Mega Skincare Biotech Manufacturing Co., Ltd., Zhen Fang Co., Ltd., and Fuyu Frozen Food Co., Ltd. At present, the total investment of approximately NT$378.1 billion by 826 SMEs was approved under the Action Plan for Accelerated Investment by SMEs, and will create 31,462 domestic employment opportunities. At present, the three major programs for investing in Taiwan have driven 1,239 companies to invest approximately NT$1.7705 trillion, which is expected to create 137,145 domestic employment opportunities, and the applications of 14 companies are still pending review.
Mega Skincare Biotech Manufacturing Co., Ltd. mainly conducts research on the skin, and applies stem cell technology developed by the group in biotechnology cosmetic products, providing customized ODM and OEM services for cosmetic products based on customer needs. The traditional manufacturing model no longer meets modern production requirements, and smart production has become the indicator of market competitiveness. The company will invest an additional NT$70 million to build a new plant in Xizhi, New Taipei City. The new plant will have smart equipment connected to an IoT system, which will make production information transparent and available in real time, improving production efficiency while gaining customers’ trust. The investment in new equipment is in-line with energy conservation and sustainability, and the energy management system installed for processes will provide complete information on energy, so that resource use can be managed. After the investment is completed, the company will be able to comprehensively provide customers with safe, effective, high quality skincare products, while creating local employment opportunities.
Zhen Fang Co., Ltd. mainly manufactures and sells frozen ready-to-serve meats, including ready-to-serve meatballs, meatballs with filing, paste, and tempura. Besides promoting the products in the domestic market, the company is actively exporting the products to Hong Kong, Macau, the Philippines, and Malaysia. Frozen foods provide consumers with convenient, economic, and diverse options. The market has good prospects and the company will expand its current plant. It plans to hire 7 domestic workers and invest nearly NT$1 billion to expand its plant in Zhubei, Hsinchu County. The company will purchase new high-end low-carbon equipment, install a smart production system, and reduce carbon emissions while transforming its processes. The investment will enhance the company’s competitiveness and continue to allow customers to enjoy exquisite cuisine.
Fuyu Frozen Food Co., Ltd. processes high quality fishery and livestock products. Its main products include broiled beef, grilled snapper belly, grilled eel, and frozen seasoned salad. The company markets its products around the world based in Taiwan, and targets the markets of Japan, South Korea, and Singapore. The investment will increase the company’s influence in the international market. The company plans to recruit 39 domestic employees, and will invest nearly NT$600 million to build a new plant in Pingtung Agricultural Biotechnology Park. The new plant will have cooked food and raw food production lines and a RFID smart warehouse. It will also use new generation energy efficient boilers to prevent unnecessary electricity consumption. This is in-line with the industry’s energy conservation and carbon reduction trends as the company expands its market presence.
Spokesperson of InvesTaiwan: Acting COO Chen Ming-Chu
Telephone: 02-2311-2031 Ext. 802
Mobile Phone: 0938-637-901
Email: nicole@invest.org.tw
Source： Department of Investment Services, MOEA
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