Date: May 12, 2016
Yilan Science Park is open for business in northeastern Taiwan, with
Omni Calibration Laboratory Ltd. the first tenant taking advantage of the world-class facility established to foster the country’s information communications technology and digital content industries, according to YSP administration May 10.
Situated 30 minutes by freeway from Taipei City, the 70.8-hecatre park is the newest and sixth campus of the Ministry of Science and Technology’s 36-year-old Hsinchu Science Park—the oldest and largest of facility of its kind in Taiwan. YSP’s cutting-edge ICT infrastructure, investor incentives such as tax breaks, reduced tariffs on machinery imports and R&D grants, as well as access to a large, highly skilled labor pool, make the park a must for small and medium enterprises.
Approved by the Executive Yuan in May 2005, the park cost more than US$250 million and Yilan County Government spent US$62 million on improving the connecting road networks. It is envisaged the facility will play a central role in transforming Yilan County into a cluster for knowledge-based services and spurring the upgrade of local industries.
Francis Lee, director-general of YCG’s Industrial Development and Investor Promotion Committee, said he expects the park to be a major success and a force in Taiwan’s ongoing industrial transformation. “Our pristine environment and abundance of cultural and industrial assets are real draws when it comes to attracting tenants from around Taiwan.” [FULL STORY]