Taiwan’s Ministry of Economic Affairs: Investment in Taiwan’s Three Major Programs Has Surpassed $75.6 Billion US Dollars

The Ministry of Economic Affairs of the Republic of China Taiwan Investment Office approved applications from 4 companies on the 2nd, totaling 1,518 companies and approximately 2.3312 trillion New Taiwan Dollars (around 756.35 million US dollars) invested so far in the “Invest Taiwan Three Major Plans”.

Through a press release on the 2nd, the Ministry of Economic Affairs of the Republic of China Taiwan Investment Office announced the approval of additional investments from 4 companies in Taiwan. These include a core investment project by Wusong Metro, and projects under the small and medium-sized enterprise initiative by Nowa Applied Materials, Linyang Biotechnology Pharmaceuticals, and Wensheng Trading.

Wusong Metro has been deeply involved in the logistics service industry for over forty years, specializing in high-tech enterprises as primary clients. They aim to be a value integrator in the logistics field, providing professional, efficient, and secure customs clearance and transportation services to help clients achieve smooth flow of goods. To further enhance the intelligence and comprehensiveness of their logistics services, Wusong Metro is not only continuously incorporating new technological functions but also planning to build an intelligent logistics center in Baoshan, Hsinchu, and a new one in Luzhu, Taoyuan.

The intelligent logistics center of Wusong Metro will incorporate advanced Warehouse Management System (WMS) and Optical Character Recognition (OCR) systems, combined with a smart logistics platform to ensure the transparency, automation, and intelligence of the entire logistics supply chain, enabling real-time monitoring of logistics dynamics and conditions. Additionally, the new logistics center will be equipped with solar power generation systems and energy storage facilities to increase the use of green energy, aligning with national energy saving and carbon reduction policies, and advancing the ESG sustainable business development vision. The total investment for this project is approximately 2.86 billion NTD (about 93 million USD), expected to create 35 domestic job opportunities.

Nowa Applied Materials primarily produces semiconductor-grade light-curable acrylic monomers and oligomers, used in semiconductor factories, optoelectronic panel factories, AI server factories, and wafer packaging and testing factories, supporting several key industries under the government’s “Five Major Trusted Industry” initiative. Nowa and its partners have jointly developed Quantum Dot OLED display technology (QD-OLED) and core technologies such as optical lens resins, applicable in high-end AR/VR displays, wearable devices, semiconductor exposure processes, contributing to technological innovation and development in the industry.

In order to maintain market competitiveness, Nowa Applied Materials plans to hire 32 local employees, investing more than 200 million NTD (about 6 million USD) to establish a new plant and expand operational warehousing facilities in Jiayi District, Tainan City. They intend to introduce a Distributed Control System (DCS) to enhance product precision and yield. Moreover, the new plant will include solar power generation equipment, wastewater and rainwater recycling systems, aiming to conserve energy and reduce environmental impact.

Linyang Biotechnology Pharmaceuticals, a member of the Polaris Pharmaceutical Group, is one of the few companies in Asia capable of commercializing professional active pharmaceutical ingredients (API) and sterile injections through practical research and development manufacturing, producing over 30 peptide raw materials using full synthesis or microbiological processes.

To meet the future global production demands of their products, Linyang Biotechnology Pharmaceuticals plans to establish a new plant in Zhunan, Miaoli, and expand production lines in the original Zhunan and Tainan plants, with new lines installing data acquisition and monitoring systems to optimize production processes and improve efficiency. The new plant will undergo carbon footprint assessments and implement an energy management system, solar power generation systems, and energy conservation practices to reduce energy consumption and carbon emissions. The total investment for this project exceeds 2.9 billion NTD (approximately 94 million USD) and is estimated to create jobs for 146 high-level biopharmaceutical professionals.

Wensheng Trading has been deeply engaged in the frozen seafood processing field for 17 years, owning 16 ultralow-temperature fiberglass fishing vessels, establishing a stable supply chain mechanism, and striving for international certifications by incorporating food safety and hygiene concepts from fishing to plant processing methods, gradually expanding from small processing plants to a cross-border sales model.

To ensure competitive advantage, Wensheng Trading plans to build a new plant in Donggang Township, Pingtung, installing a cold chain fishing industry line and integrating digital warehouse management, manufacturing execution systems, and e-commerce sales automation to streamline production and sales information, enhance managerial efficiency, and expand their business scope. The new plant will feature solar photovoltaic and energy storage equipment, energy-saving lighting, and rainwater recycling systems, aiming to promote fisheries’ digital transformation in an environmentally-friendly manner. Upon completion of the investment, it is expected to create 66 local job opportunities.

As of now, the “Invest Taiwan Three Major Plans” have attracted 1,518 companies investing around 2.3312 trillion NTD, estimated to create 153,015 job opportunities. Among these, the “Stay in Taiwan Enterprise Accelerated Investment Action Plan” has seen 191 companies investing approximately 562.5 billion NTD, generating 28,291 job opportunities. The “SME Accelerated Investment Action Plan” has attracted 1,014 companies investing around 481.4 billion NTD (156.19 million USD), bringing 37,018 job opportunities. There are 16 companies in the queue awaiting review for future investment prospects.