2026-03-19
InvesTaiwan today (19th) approved additional investments in Taiwan by 4 companies, including Taiwan Hopax Chemicals Mfg. Co., Ltd. under the Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan, China Steel Corporation under the Action Plan for Accelerated Investment by Domestic Corporations, and Alcolin Industrial Co., Ltd. and Jiu-You Metaltech Co., Ltd. under the Action Plan for Accelerated Investment by SMEs. At present, the three major programs for investing in Taiwan have attracted approximately NT$2.6479 trillion in investments from 1,729 companies, and will create 165,399 domestic employment opportunities. A total of 344 Taiwanese businesses invested approximately NT$1.4317 trillion under the Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan, and created 94,577 employment opportunities. A total of 213 domestic corporations invested approximately NT$616.4 billion under the Action Plan for Accelerated Investment by Domestic Corporations, and created 29,366 employment opportunities. The Action Plan for Accelerated Investment by SMEs has attracted 1,172 SMEs to invest a total of approximately NT$599.8 billion, and created 41,456 employment opportunities. The applications of 13 companies are currently pending review.
With chemicals and biotechnology as its core technologies, Taiwan Hopax Chemicals Mfg. Co., Ltd. has consolidated its R&D and innovation capabilities over the years, and developed into a comprehensive high-tech company that is competitive in the global market. The company’s vision is to “pursue what is best for humanity” and has expanded into multiple fields with products ranging from paper additives, biological buffers, to additives for lithium-ion batteries. It is one of the world's top two manufacturers of biological buffers. The group's products extend to green building materials, home cleaning and antibacterial products (such as the “Hygienecare” product series), and targeted therapy drugs. Taiwan Hopax Chemicals plans to build a new plant and production line in Pingtung Science Park, Southern Taiwan Science Park due to rising market demand, and will initially invest over NT$4.5 billion, which is expected to create approximately 282 job opportunities. The new plant will utilize AI technology to optimize its process for more efficient management. It will proactively compile its carbon inventory and establish an energy management system, in order to actively implement energy conservation and carbon reduction measures. This investment will enable Taiwan Hopax Chemicals to continue developing high-value green chemical process technologies, which will lay the foundation for expanding into the international market and achieving the goal of sustainability.
China Steel Corporation is an integrated steel maker that mainly produces steel plates, wires and rods, hot-rolled steel, cold-rolled steel, electro-galvanized steel coils, electromagnetic steel coils, and hot-dip galvanized steel coils. It has a domestic market share of over 50% and exports to Southeast Asia, Europe, and Japan. China Steel has also been deeply involved in the electric vehicle industry for many years, and successfully entered the field of high-end motor core materials through the development of thin-gauge premium electrical steel. In response to the rapid development of the electric vehicle market in recent years, China Steel plans to invest more than NT$5 billion to upgrade the production lines at its Steel Rolling Mill No. 3 in Xiaogang, Kaohsiung, and will utilize AI technology and cloud computing resources to improve the accuracy and timeliness of decision-making. In addition, China Steel has established a Corporate Governance and Sustainability Committee to actively implement its plan to achieve carbon neutrality, showing its determination to protect the environment and achieve sustainable development. This investment will help China Steel expand its future order-taking capacity, maintain its technological leadership in thin-gauge premium electrical steel for electric vehicles, and increase its local supply capacity for high value-added steel products.
Alcolin Industrial Co., Ltd. has been deeply involved in the precision automotive parts industry for over two decades, focusing on the processing of high-precision components. Its products are used in the aftermarket, international racing, and high-end sports cars. It is also the designated supplier of forged caliper parts for AP Racing in the UK. As the global automotive industry is working to reduce structural weight and develop AI, which has driven demand for lightweight, high-strength braking systems. To seize this opportunity, Alcolin plans to invest approximately NT$169 million to add a production line at its plant in Daya District, Taichung, and intends to hire 5 additional employees. The new production line will introduce a smart manufacturing system, integrating IoT and AI computing technologies to improve operational efficiency. The company will also set up an energy management system and compile its greenhouse gas inventory in hopes of becoming aligned with international environmental standards. This investment will significantly increase Alcolin’s production capacity, expand its sales in European and American markets, and enhance its competitiveness in sustainability.
Jiu-You Metaltech Co., Ltd. is a precision sheet metal processing and vacuum coating technology service provider, offering a one-stop service from design, R&D, to manufacturing. Its main customers include companies in the construction, semiconductor and electronics industries. Following the rising global demand for high value-added stainless steel products and the high importance attached to green manufacturing processes and local supply chains, Jiu-You Metaltech chose to build a new plant in Erlin Science Park, Central Taiwan Science Park, and will develop the stainless steel coating industry chain and strengthen its R&D and manufacturing capabilities. The company will invest over NT$350 million and create 20 job opportunities. The new plant is expected to introduce an automated optical inspection system for titanium plating based on AI. The system combines optical sensors and AI algorithms to replace conventional manual inspection and achieve accurate control of product quality. In addition, the company will prioritize the use of efficient energy-saving equipment and construct solar power generation facilities, in hopes of become a model for the green transition of the modern metal processing industry.
Spokesperson of InvesTaiwan: Acting COO Chen Ming-Chu
Telephone: 02-2311-2031 Ext. 802
Mobile Phone: 0938-637-901
Email: nicole@invest.org.tw
Source： Department of Investment Promotion, MOEA
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