Costco once considered entering Huatan Township in Changhua, but failed due to complex land conditions.

People in Changhua County have been drinking "Costco" for many years. (File photo)

[Financial Channel/Comprehensive Report] The American-style store Costco continues to expand in Taiwan. Changhua County has a population of more than 1 million and is the largest county in the country. So far, Costco has not entered. Now there is news that Costco had intended to settle in Huatan Township, Changhua County, but in the end it failed. The Changhua County Government also It was confirmed that a consulting company was indeed entrusted by an industry owner to approach a piece of land in Huatan Township. However, the land included park and factory land, and the property rights were quite complex. Therefore, the case ultimately came to no result. Costco has also repeatedly requested assistance from the Changhua County Government, but because the threshold for Costco to open a branch is quite high, it is still difficult to find suitable land.

According to comprehensive media reports, in response to external rumors that Costco intends to open a branch in Huatan, the Economic and Green Energy Development Department of the Changhua County Government stated that some owners had indeed entrusted a consulting company to approach a piece of land in Huatan Township. However, after learning about it, they discovered that the property rights of the land were complicated, including park and factory land, and had to go through procedures such as urban planning changes. In addition, the surrounding traffic assessment did not meet the needs, so the whole case was unsuccessful.

Please read on...

The Economic and Green Energy Development Office of the Changhua County Government also confirmed that Costco has repeatedly requested assistance from the county government in the hope of finding suitable land for store openings. However, the threshold for opening a branch of Costco is quite high. Since Costco's new branches have gas stations, the land area is required to be more than 10,000 square meters, and it must face roads on all sides and be close to the urban area. In addition, it cannot be too close to Costco's Taichung Nantun store, and the land must be a commercial district or industrial zone, so it is still difficult to find suitable land.

The Economic and Green Energy Development Department of the Changhua County Government stated that it welcomes the county to provide land that meets the needs. The county government will actively assist and actively hopes that Costco will open a branch in Changhua.

Grasp the economic pulse with one hand. Click here to subscribe to Free Finance Youtube Channel