Taiwan News
Date: May 12, 2016
Yilan Science Park is open for business in northeastern Taiwan, with
Yilan Science Park is at the vanguard of central and local government efforts transforming Yilan County in northeastern Taiwan into a hub for ICT and digital content industries. (UDN)
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]
