Back to list

Fujian science park looks for Taiwanese investments

2012/05/19 16:54:09

Quanzhou, May 19 (CNA) With many of China's traditional manufacturing sites, such as Guangdong Province, Shanghai and Zhejiang Province, reaching investment saturation, high-tech Taiwanese companies are being courted by Fujian Province officials who hope to attract greater investment to the southern province.

One project that Fujian is actively promoting is a green science park, which reporters from China and Taiwan recently visited on a tour led by China's Taiwan Affairs Office of the State Council.

Situated between the towns of Luoyang and Huangtang in Huian County, the park spans 8,400 hectares and is one of the first high-tech science parks in China to be invested in by Taiwanese businesses.

The park focuses on high technology like solar photovoltaic devices, electronic communications and precision machinery.

According to Huang Keming, the park's marketing and development head, Fujian is offering reduced rent and tax to small- andmedium-sized Taiwanese businesses that base themselves in the park.

It is hoped the preferential benefits will promote Taiwanesebusinesses to invest in Fujian, instead of in cities on the eastcoast, such as Shanghai, Suzhou in Jiangsu Province, and Dongguanand Shenzhen in Guangdong Province.

Key technologies remain with factories in Taiwan, while the park's factory is mostly involved in component assembly, said Huang Shih-wei, the general manager of a Taiwan energy company that has invested in the park.

(By Chen Hung-chin and C.J. Lin)
ENDITEM/npw