The Investment Taiwan Office today (1st) expanded its investment in Taiwan through two companies, including China Steel Aluminum Co., Ltd., which plans to stay in the enterprise, and Xingzhong Environmental Protection Technology, which plans for small and medium-sized enterprises. Among them, Chinalco Investment plans to build a new factory in Xiaogang District, Kaohsiung City, with a total amount of about 1.02 billion yuan. Xingzhong Environmental Protection Technology will add intelligent production lines, with an investment amount of about 30 million yuan.
Sinosteel Aluminum is a subsidiary of Sinosteel Corporation and the largest manufacturer of aluminum rolled products in Taiwan. It specializes in the production of high-quality aluminum materials and zinc castings such as aluminum plates, aluminum sheets, aluminum coils, aluminum foil, zinc alloy ingots, zinc anode plates, and hot-dip galvanized ingots. In recent years, in response to the global industrial low-carbon transformation trend, high-end aluminum and low-carbon aluminum products have been the main development direction. Chinalco’s current investment plan is to build a new factory in Xiaogang District, Kaohsiung City, with a total amount of approximately 1.02 billion yuan, and to hire 4 additional foreign employees. The new factory will integrate smart technologies such as AI technology, Internet of Things, sensors, digital control and data analysis to improve process efficiency and quality stability. At the same time, energy conservation and carbon reduction will be incorporated into the equipment upgrade design, and solar power generation facilities will be installed to gradually reduce production carbon emissions.
Xingzhong Environmental Protection Technology is a manufacturer of pulp molding products and equipment. It focuses on the production of naturally decomposable environmentally friendly paper and plastic products. It has the capabilities of product design, mold development, paper and plastic molding equipment manufacturing, pulp supply system and production line configuration. It can provide customized services and whole-plant planning solutions. In order to improve production efficiency, it plans to expand smart production lines at the existing factory in Wujie Township, Yilan County, with an investment of approximately 30 million yuan, and to hire 6 new foreign employees. The new production line will introduce AI technology, establish automated production and quality inspection processes, and adopt low-carbon and energy-saving equipment to reduce production energy consumption and carbon emissions. This investment will help Xingzhong Environmental Protection Technology upgrade key processes, improve product quality and production efficiency, accelerate smart manufacturing and low-carbon transformation, and strengthen the overall competitiveness of the company.
So far, the "Three Major Plans for Investing in Taiwan" have attracted an investment of approximately NT$2.8114 billion from 1,826 companies, and are expected to create 170,134 local jobs. Among them, the "Accelerating Investment Action Plan for Remaining Taiwanese Enterprises" has 237 companies investing approximately NT$664.9 billion, creating 30,552 job opportunities; the "Accelerating Investment Action Plan for Small and Medium-sized Enterprises" has attracted 1,223 companies to invest approximately NT$628.6 billion, which can create 42,771 new job opportunities. There are still 13 manufacturers waiting in line for review.
