The Executive Yuan on Thursday approved the establishment of a renewable energy technology innovation park in the Shalun area of Tainan which will require an estimated NT$50 billion (US$1.58 billion) in investment, according to Cabinet spokesman Hsu Kuo-yung (???).
Under the plan, which received the green light at a Cabinet meeting, the green energy park will be built on the periphery of Taiwan High Speed Rail (THSR) Tainan Station and be integrated with a planned conference center and National Chiao Tung University's Tainan branch, Hsu said during a press briefing after the meeting.
Premier Lin Chuan (??) said at the meeting that the green energy industry is a top priority for the government, which is why it will aggressively push forward with the plan in the hope of achieving substantial results in the near future.
Lin said the administration will also promote the development of green energy technologies, particularly solar energy and wind power generation, in suitable areas around the country, according to Hsu.
Lin said he has instructed the Ministry of Science and Technology (MOST) and the Ministry of Economic Affairs to work with Tainan City government to turn Shalun into a modern and smart town by integrating the proposed building of a film studio on state-run Taiwan Sugar Corp's (Taisugar) Shalun Farm and Tainan conference center.
The two ministries will take charge of developing the planned green energy science park, which will include a 5.33-hectare green energy technology research center and a 17-hectare green energy technology demonstration area. MOST estimates construction of those areas will cost about NT$10.5 billion, Hsu said.
At the Cabinet meeting, Science and Technology Minister Yang Hung-duen (???) said that the government aims to attract NT$1.2 trillion in investment to the park by 2025 which is expected to employ 1,000 research and development professionals within five years of opening.
Source: Focus Taiwan News Channel