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Taiwan Smart Machinery | July 16, 2018

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Taiwan to invest NT$70B in smart machinery industry

Taiwan to invest NT$70B in smart machinery industry

TAIPEI (Taiwan News)—Taiwan’s Vice Economic Minister Shen Jong-chin (沈榮津) announced plans to invest NT$70 billion (US$2.29 billion) to transform Taichung City into a smart machinery city.

The Tsai Administration aims to transform Taiwan into a top exporter of smart machinery equipment, periphery accessories and systems to neighboring Southeast Asian countries.

Shen defined smart machinery industry as encompassing robotics, IoT, big data, smart technology, precision mechanics, and smart manufacturing.

The move to transform Taiwan’s manufacturing industry can also resolve low salary issues, he added.

As part of the government plan to build a smart machinery hub in Taichung City, an aerospace component development memorandum of understanding (MOU) agreement has been signed between Aerospace Industrial Development (漢翔航空工業股份有限公司) , National Chung-Shan Institute of Science and Technology (NCSIST), The Smart ∞ Machinery Promotion Office, Taichung City Government and Industrial Technology Research Institute (ITRI).

Under the MOU, AIDC will run pilot projects to test the products before commercialization.

Government officials project the aerospace collaboration between different companies will eventually attract international orders that will generate revenue of NT$68.6 billion.

The new smart machinery park will be built during phase two of Shengang Fengzhou Technology Park in Taichung City, and will start seeking investors in the science park starting from 2018.

The Taichung City government asked the central government to accelerate the environmental impact assessment at the second phase of the park, and is still waiting for a reply.

The second phase of the science park has more than 30 hectares of available space to host 50 manufacturers, and is estimated to attract NT$70 billion in investment, said Economic Development Bureau of Taichung City officer Chiang Chen-wei (江振瑋).

There are also 300 hectares of reserved property in Wuri and other areas, which can be rented by manufacturers, while land at phase two of Shengang Fengzhou Technology Park can be sold.

Twenty eight universities from north to southern Taiwan have also formed a smart machinery university alliance to promote collaboration between academics and industry to train needed talent.

According to Shen, the government will commission Advantech to develop a membership-based national IoT platform for large manufacturers.

ITRI and Institute for Information and Technology (資策會) will develop a public Internet platform for small and mid-sized enterprises (SMEs), which will operate under a copyright system so industries will not have to spend extra resources to develop their own IoT technologies.

Premier Lin Chuan (林全) highlighted the importance of the 5+2 innovative industries and important projects, which are all important keys for the nation’s industries transformation.

The 5+2 innovative industries announced last August include Asian Silicon Valley based in Taoyuan City, biomedicine, green technology, smart machinery and aerospace as five innovative industries. The two additional industries are new agriculture and circular economy.

Even though Taiwan has a great machinery industry, it is still slightly behind Japan and Germany, said Lin.

The government hopes to use smart manufacturing and automated manufacturing to compete with Japanese and German products, and eventually overtake these countries, said Lin.


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