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Source: Republic Of China Taiwan 2

The Export Processing Zone Administration (EPZA) of the Ministry of Economic Affairs (MOEA) convened an investment application review meeting on November 26, 2020. Five investment applications, such as Golden Precision Technology Co., Ltd and ITW Electronic Business Asia Co., Ltd, were approved to invest and station in. The total investment figures are amounted over NTD 2 billion.Golden Precision Technology Co., Ltd is mainly engaged in the high-tech precision machining industry, providing precision machining and measuring of various alloys such as aluminum, titanium, and stainless steel. Its services area includes aerospace, optoelectronics and semiconductor process equipment, optics, and green energy, etc. The company has established AS9100D — aerospace quality management systems and obtained the certification of the International Aerospace Quality Group. At present, the company has more than 10 quality system certifications from domestic and foreign aerospace manufacturer suppliers. The existing production lines are no longer sufficient, and the company will invest NTD 138 million dollars to establish factories in Pingtung Export Processing Zone (PEPZ) to expand the company’s product lines and layout.The other company is a food inspection company stationed in the Linkuang Economic Processing Zone (LEPZ). It is mainly engaged in inspection services such as food heavy metals, nutrition facts, food additives, and e-cigarette nicotine. In response to the integration and application of the group’s overall resources, the company has stationed into LEPZ for operation. Another company applied to station into the Kaohsiung Software Park (KSP) is engaged in the sale of household and industrial water purification machines, components and peripheral consumables.In addition, this month also reviewed and approved the expansion of two factories in Kaohsiung Export Processing Zone (KEPZ). ITW Electronic Business Asia will invest NTD 1.5 billion dollars to station into the forward-looking technology building of the high-end manufacturing center in KEPZ to expand the production lines of fireproof insulation materials, insulation and sealing parts of electric vehicles, and 5G cloud server components. The other company, Ever Ohms Technology Co., Ltd., invested NTD 240 million dollars to purchase the factory in KEPZ to expand the production line of passive components– sheet metal resistors. (Investment Information Hotline: 886-7-361-2725).Spokesman: Mr. Liu Chi Chuan (Deputy Director General, EPZA)Contact Number: 886-7-3613349, 0911363680Email: Person: Li,Ciou-Rong (Investment Section of the Third Division)Contact Number: 886-7-361-1212 ext312Email:

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