The Investment Taiwan Office today (24th) held a joint review meeting on the “Small and Medium Enterprises Accelerated Investment Action Plan” and added three more Taiwanese small and medium-sized enterprises such as Sumitomo Peco, Baolian Enterprises and TATUN to expand investment. At present, the “Small and Medium Enterprises Accelerated Investment Action Plan” has approved 892 small and medium-sized enterprises to invest approximately 410.1 billion yuan, creating 33,514 domestic job opportunities. So far, the three major investment plans in Taiwan have led 1,340 companies to invest approximately 2.417 billion yuan, and are expected to create 144,387 domestic jobs. There are still 10 companies lined up to be reviewed.

Taiwan’s Sumitomo Peco is a material factory that uses epoxy resin packaging in the semiconductor manufacturing process. It has the largest market share in Taiwan and is also the only domestic packaging material manufacturer with R&D capabilities. Due to emerging market applications such as 5G, IoT, next-generation communication networks and electric vehicles, as well as the US-China trade friction, Taiwan has become a preferred place to invest in mature semiconductor manufacturing processes. In response to market demand, the company spent nearly 1 billion yuan to build factories and add product lines in the existing Kaohsiung Dafa Industrial Zone, and used smart technology elements to visualize production information and enhance production efficiency. This investment is also included in the carbon emission reduction plan in line with government policies. The factory is built with green building concepts, with solar panels on the roof, and the machinery and equipment meet IE3 standards. It is expected that after the investment is completed, it will create 30 more jobs in the country.

Baolian Enterprise is a world-renowned R&D, production and sales enterprise of bow and arrow sporting goods. With many years of industry experience and technical advantages, it occupies an important position in the market. Its own brand “EK ARCHERY” is sold in Europe, America and other places, and it continues to explore and design innovation, becoming a pioneer in bow and arrow products among consumers. “EK ARCHERY” has developed the world’s first repeating crossbow, which not only improves shooting efficiency, but also makes operation more flexible and convenient, and is deeply loved and praised by consumers. In order to enhance its global competitiveness, the company will invest nearly 500 million yuan to build a new factory in Fengyuan, Taichung, to improve operational performance through smart processes and high-level information management. In terms of investing in environmentally friendly manufacturing processes, we have installed solar panels on the roof of the factory and built a sewage treatment system to reduce factory energy consumption. It is expected that this investment will be fully prepared for sustainable operations and create more job opportunities in the Fengyuan area.

TATUN focuses on the manufacturing and sales of wires and cables, and leads the industry with UHV cable technology. In order to continue to develop high-quality products to meet the cable needs of green power markets such as wind power, solar energy, and energy storage, and to preemptively expand into domestic and overseas markets, the company has passed the first small and medium-sized enterprise accelerated investment action plan in July 2019. This time Apply again for the second investment case. The company plans to hire 4 more domestic employees, invest more than 400 million yuan to add power cable product lines at the existing Taoyuan Yangmei factory, introduce intelligent automatic equipment, and use an integrated optical and storage system for energy management to achieve the effect of peak shaving and valley filling. . It is expected that companies will improve their manufacturing capabilities, comply with ESG requirements, and promote their products internationally.

Investment Taiwan Office Spokesperson: Chief Operating Officer Chen Mingzhu
Contact number: 02-2311-2031
Extension: 802
Mobile phone: 0938-637-901
Email: nicole@invest.org.tw