Taiwan Aims to Raise Output of Smart Automation Industry to NT$2.6 T. in 2020

Taipei, March 2, 2012 (CENS)--Planning to turn Taiwan into a supplying base of budget-priced smart automation equipment and services in Asia Pacific, the Executive Yuan (the Cabinet) has approved an 8-year industrial development program, aiming to boost output of the industry to NT$2.6 trillion in 2020 from NT$870 billion seen in 2010.

The government's resolution to bolster development of the smart automation industry can be reflected by the first meeting held a few days ago by the Ministry of Economic Affairs, at which officials of National Science Council, Ministry of Transportation and Communications, Ministry of Finance and Industrial Development Bureau, began extensive discussions with chairmen of Taiwan Association of Machinery Industry, Taiwan Machine Tool & Accessories Builders' Association and Gallant Precision Machining Co., Ltd. over how the industry should be nourished. Such a meeting between officials and industry insiders will be staged twice a year in the future.

MOEA officials indicated that the government will make good use of resources provided by private enterprises to speed up development of smart automation technologies, while assisting industry insiders in establishing related experience centers open to the public as part of the abovementioned 8-year industry development program.

The grand opening of the first smart-automation experience center, the officials continued, will be held on March 9, with various combinations of smart automation technologies and human arts to be displayed as educational and tourist attractions.

The officials stressed that the government will promote smart automation technologies to not only manufacturing industries, but also sectors of energy, health care, cultural tourism, etc., to boost their added-values.