The Industrial Land Revolution Plan approved by the Executive Yuan on January 8, 2015 covers two major points and ten specific measures.
Revitalizing Idle Land
- (I) Increase costs to possess idle properties - levy land value tax and building tax on idle industrial land.
- (II) Increase short-term transaction costs - levy luxury tax on the land.
- (III) Use financial tools to control land-use - verify if the idle land credit is legally operated through the bank's credit system.
- (IV) Idle land-recovery mechanisms - amend the Statute for Industrial Innovation to require government buy back of idle industrial land at market price, and levy land value-added tax.
- (V) Avoid the loss of industrial land - intensify efforts to check illegal use and limit non-industrial use.
- (VI) Strengthen land inventories and match making mechanisms - establish Executive Yuan Global Business Solicitation and Talent Recruitment Joint Services Center as the single-window service platform for industrial land supply; update the Taiwan Industrial Land Supply and Service Information website on a regular basis.
Add Suitable Lands
- (I) Develop new industrial parks by government units - consider "land-use conservation principles" and "priority review of idle industry land use principles".
- (II) Promote non-government application for setting up industrial parks - authorize local governments to approve industrial parks less than 30 hectares in area, effectively shortening the application period.
- (III) Establish an industrial land reserve system - land owned by public and state enterprises that will no longer be provided for agricultural use are to be used first, and they are to be included in the county (city) regional program for facility-use.
- (IV) Research/discuss new development models for industrial parks - reactivate land owned by the public or state enterprises through co-development with other entities.
For more information on the contact window, please visit Industrial Development Administration, MOEA