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BackBaipu Industrial Park breaks ground. President Lai Qingde said it will create an output value of 300 billion and 4,000 jobs.
Baipu Industrial Park breaks ground. President Lai Qingde said it will create an output value of 300 billion and 4,000 jobs.
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自由时报41 minutes agoBusiness2 min readChinaView original

Baipu Industrial Park breaks ground. President Lai Qingde said it will create an output value of 300 billion and 4,000 jobs.

Quick Look

  • The Baipu Industrial Park in Kaohsiung City held a groundbreaking ceremony on the 21st.
  • President Lai Qingde said that the park covers an area of ​​nearly 89 hectares, with an estimated annual output value of 300 billion yuan and the creation of more than 4,000 jobs.
  • The Ministry of the Interior pointed out that the park is the first industrial park in Taiwan with advanced packaging as its core.

AI-generated summary

Why It Matters

Baipu Industrial Park is located in Kaohsiung City, with a planned area of ​​approximately 88.73 hectares. It is positioned as the first industrial park in Taiwan with advanced packaging as its core and an important node in the southern semiconductor S corridor. It has been undergoing environmental impact assessment, urban planning review and developer selection stages since its application in 2023.

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"Baipu Industrial Park" held a groundbreaking ceremony. (Provided by the Presidential Office)

Kaohsiung City's "Baipu Industrial Park" held a groundbreaking ceremony on the 21st. The Ministry of Interior stated that the Baipu Industrial Park is Taiwan's first industrial park with advanced packaging as its core, and is also an important node in the southern semiconductor S corridor.

President Lai Qingde said that the Baipu Park covers an area of ​​nearly 89 hectares and is expected to create an annual output value of approximately 300 billion yuan and more than 4,000 job opportunities. Since the application for establishment in 2023, the Gao City Government team has successfully completed the environmental impact assessment, urban plan review, Ministry of Economic Affairs approval and developer selection in just three years, and has simultaneously promoted investment promotion. Even before the park has even started, manufacturers have taken the lead in laying out the layout. This is the "tight tightness" that Kaohsiung people are proud of. As the country's first "semiconductor advanced equipment and material verification base", this park not only shortens the time for introducing new technologies into mass production, but also completes the most critical puzzle piece of the southern semiconductor ecosystem, taking an extremely important step towards balancing Taiwan.

The Ministry of the Interior stated that in addition to actively assisting the Kaohsiung City Government in completing urban plan changes and related construction plans, it will also cooperate with the park to build a comprehensive external transportation system, accelerate the development of the third phase of Kaohsiung New Town, and create a high-quality development environment for industries.

The Ministry of Interior stated that the Baipu Industrial Park covers an area of ​​approximately 88.73 hectares, of which the dedicated industrial zone is approximately 53.63 hectares. In the future, it will focus on the development of advanced semiconductor packaging materials, equipment and related supply chains, and connect existing industrial clusters such as Nanzi, Renwu, and Qiaotou to expand the benefits of the southern semiconductor industry chain. Especially in the future, when major manufacturers such as TSMC, ASE, and Hon Hai enter the park, it can become the core engine for industrial upgrading and high-quality employment in northern Kaohsiung.

Please read on...

Mayor Chen Qimai pointed out that with the close cooperation between the central and local governments, Kaohsiung has made remarkable achievements in attracting investment in recent years, attracting a total of more than 2.7 trillion yuan in investment. The growth rate of citizens’ disposable income and salary has ranked among the top among the six cities, and has substantially improved the quality of citizens’ lives. In order to welcome major industrial companies to move in, the city government has already deployed a full range of surrounding facilities, including the newly built National Highway Okayama Second Interchange and Qiaotou Science Park Interchange, extended MRT network, planned medical and educational resources, and built about 500 social housing units in surrounding areas such as Dapeng Jiu Village to provide a complete schooling and living environment.

According to market surveys and real-price registrations, in the Gangshan Baimi area and the Okayama Phase 87 rezoning area, which is about 10 minutes’ drive from Baipu Industrial Park, the real-price registrations for new projects have already started with the prefix 4. In Qiaotou New Town, which is close to Baipu, the real-price for pre-sale new cases is also starting with the prefix 4, and some households are even close to the price starting with the prefix 5.

What to Watch

AI outlook — possibilities, not facts

  • Baipu Industrial Park will attract major manufacturers such as TSMC and ASE to settle in the Baipu Industrial Park in the next two years.

    Likely · Within years

  • Housing prices in Gangshan and Qiaotou areas adjacent to Baipu Industrial Park will continue to rise

    Likely · Within years

Open Questions

  • When will investment start specifically and when will manufacturers be expected to move in?
  • What is the specific timetable for transportation construction in the park?
  • Have any other major international semiconductor manufacturers expressed their willingness to enter?

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This article was originally published by 自由时报.

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