2023-04-14
InvesTaiwan today (14th) convened a joint review meeting for the Action Plan for Accelerated Investment by SMEs, and approved the additional investment of Morrison Optoelectronics Ltd., Ho I Fa Trading Co., Ltd., and Longshun Green Energy Technology Ltd. At present, the three major programs for investing in Taiwan have attracted over NT$2.05 trillion in investments from 1,346 companies, and are expected to create 145,088 domestic employment opportunities, in which the Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan has attracted approximately NT$1.1729 trillion from 286 Taiwanese businesses and created 86,234 employment opportunities; the Action Plan for Accelerated Investment by Domestic Corporations has attracted approximately NT$464.9 billion in investments from 164 domestic corporations and created 25,169 domestic employment opportunities; the Action Plan for Accelerated Investment by SMEs has attracted approximately NT$412.1 billion in investments from 896 SMEs and created 33,685 domestic employment opportunities; applications of 10 companies are still pending review.
Morrison Optoelectronics Ltd. is a manufacturer of semiconductor and optical integrated components. In response to the market demand brought by faster development of the 5G industry, the company’s first application for the Action Plan for Accelerated Investment by SMEs was approved in 2020, and it subsequently won the National Award of Outstanding SMEs and Rising Star Award. The company submitted a second application in coordination with its technological development results and business expansion to support the government policy to invest in Taiwan. The company plans to recruit 28 domestic employees and invest over NT$300 million to expand process equipment for optical components and semiconductor optical coating for 12” wafers. The equipment will be used to produce multi-spectral chips, optical components used in high-end cameras, and provide customized coating services. The investment is expected to increase product diversity and competitiveness once it is completed, and will realize industrial upgrade.
Ho I Fa Trading Co., Ltd. focuses on the manufacturing of vegetarian food. Product categories include raw materials for beverages, vegetarian sauces, and vegetarian seaweed flakes. It utilizes Taiwan’s local produce to develop products with local features and no additives for sale in America and Canada. The company will expand recruitment of domestic employees and invest over NT$100 million to build a new plant in Taichung City to increase the added value and market competitiveness of its products. Besides upgrading its equipment into smart production lines, the company will also install solar PV systems and energy-efficient equipment with low carbon emissions to become aligned with the trend of low carbon emissions. After the new plant is completed, it is expected to optimize product processes, and promote even more high quality, delicious Taiwanese dishes around the world.
Longshun Green Energy Technology Ltd. mainly transforms old clothing, waste fibers, and waste plastics that are hard to process and dispose of into fuel. It converts industrial waste into solid recycled fuel with high energy density and meets international and EU standards, replacing conventional fossil fuels such as coal. Its business partners include well-known companies, such as YFY Inc. The company will recruit 134 domestic employees and invest over NT$900 million to build a new plant with 8 production lines in Kaohsiung Hefa Industrial Park, expanding processing capacity to meet market demand. The plant will use green electricity, smart energy management, and green building mark, fulfilling corporate social responsibility while achieving excellent business performance. After the investment is completed, it is expected to help reduce carbon emissions, increase channels for disposing of waste, and contribute to renewable energy and resource recycling.
Grand House Co., Ltd. is a subsidiary of Excellence Opto. Inc., and uses the operations experience accumulated by the group’s global production framework as the foundation to provide smart warehouse and logistics centers and smart logistics support services. The company plans to hire 15 domestic employees and invest over NT$1.1 billion to build a smart warehouse and logistics center in Miaoli Zhunan Science Park, providing immediate and accurate logistics services, and achieving automated, precise, and smart operations to enhance its global logistics ability. Furthermore, the warehouse and logistics center will be planned as a standard green building and use green construction materials, while retaining greening area. After the investment is completed, it is expected to effectively improve the company’s capabilities and drive the transformation of the warehousing and logistics industry around the science park.
Source： Department of Investment Services, MOEA
MOEA
MOEA DOIP
MOEA YouTube
Let's Juiker Together
