The solid industrial clusters in Taoyuan, Taichung, Tainan, and Kaohsiung connect the supply chain corridor in western Taiwan.
Three Invest in Taiwan programmes, FDI, and the Special Law on Offshore Funds majorly supported the growth of private investment in 2020.
- The three Invest in Taiwan programmes focused on Taoyuan, Taichung, Tainan and Kaohsiung. We see improvement in employment retail consumption.
- We expect the manufacturing sector to grow stably in 2021, bringing the demand for office, industrial, and development sites in major clusters in six metros.
- Foreign investment in factory expansion grew significantly in the past five years. We recommend investors look at data centers and energy industry assets based on our expected demand for industrial assets.