Taipei, Sept. 7 (CNA) President Tsai Ing-wen (???) said Friday that the government is determined to build Taichung City into a smart machinery manufacturing hub in the world.
Speaking at a ceremony to inaugurate a smart machinery development center in Taichung, Tsai said the production value of Taiwan's smart machinery industry topped NT$1.1 trillion (US$35.75 billion) in 2017, making the island the fourth largest machinery exporter in the world.
Tsai said Taichung has become an anchor of Taiwan's machinery production, and through the establishment of a smart machinery development center in the city, it is expected to continue to be an irreplaceable part of the global supply chain in machinery.
"We have a goal to build Taichung as a global smart machinery hub," Tsai said. "We will integrate resources from the government, the industry and the academic circle to reach the goal."
Tsai said Taichung already had a good foundation in machinery production, and the smart machinery development hub is expected to serve as a bridge to link the country's resources as well as a talent pool to push the city's machinery development one step ahead.
Industry statistics showed Taichung has formed the largest machinery production cluster in the country after years of development, with more than 600 major machinery suppliers operating there.
Among them are Hiwin Technologies Corp., Tongtai Machine & Tool Co., Airtac International Group, Chin Fong Machine Industrial Co., Goodway Machine Corp. and Taiwan Takisawa Technology Co.
Many of the companies are part of the important constituents in the local equity market.
In addition to the local resources, Tsai said Taichung has been encouraging foreign companies to invest in the city to strengthen its machinery industry.
According to Tsai, after three years of efforts to solicit foreign investments in Taichung's machinery sector, several multinational brands, including U.S.-based tech giant Microsoft, Frances's Dassault Systems, Japan's Mitsubishi Electric, Germany's Siemens and Rockwell International of the U.S. have set up operations in Taichung.
"By taking advantage of these foreign brands' advanced know-how, Taichung is expected to join the smart machinery major league and become the global smart machinery hub in the world," Tsai said.
Echoing Tsai, Taichung Mayor Lin Chia-lung (???) said that with international efforts, he has faith that the manufacturing sector in Taichung will get an upgrade.
Source: Focus Taiwan News Channel
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