Central Taiwan Science Park's revenue grows
The Central Taiwan Science Park (CTSP) in Taichung has reported that its revenue has grown in the first half of this year. This stands in contrast to other Taiwanese science parks, all of which have had a decline in revenue over the same period.
CTSP's revenue this year is likely to exceed NT$300 billion (US$9.9 billion), its administrative director-general Yang Wen-ke said this past Friday. Export revenue is showing a 41 percent year-on-year increase, Yang said at a ceremony to mark the 9th anniversary of the science park. Over the past nine years, 130 manufacturers have set up shop in the science park, investing over NT$2 trillion.
The two other science parks in the country are located in Hsinchu in northern Taiwan and in Tainan, southern Taiwan. CTSP is the smallest of the three major Taiwanese science parks with revenue forecasted at NT$360billion. Hsinchu Science park is the largest and is forecasted to do NT$1.08trillion. Tainan Science park comes in second, forecasted at NT$630billion revenue.