Ministry approves SME investments

HOMEWARD BOUND: E-strong Medical, Bo Hong Gourmet, Chewren, a tool maker, and Echaintool are to invest NT$2.2 billion in total as part of a government program

Taipei Times
Date: Oct 07, 2019
By: Kwan Shin-han  /  Staff reporter

The Ministry of Economic Affairs on Thursday approved NT$2.2 billion (US$70.03 million) in combined investments from four small or medium-sized enterprises (SMEs) with plans to set up new smart production lines in Taiwan to expand capacity.

The plans would create 151 jobs, the ministry said in a statement on its Web site.

E-strong Medical Technology Co Ltd (醫強科技), which makes alcohol and renal dialysis equipment, plans to invest NT$600 million to expand its plant at the Pingtung Agricultural Biotechnology Park (屏東農業生物科技園區) by adding smart and semiautomatic production lines, the ministry said.

Being the only manufacturer of renal dialysis equipment in southern Taiwan, E-strong is expanding to meet growing domestic demand and produce high-quality alcohol for medical use, the ministry said.
[FULL  STORY]

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