Second Case of Outsourcing of Processing by Zone Enterprise Approved
On
June 26 the Free Trade Zone Coordinating Committee approved an application by
Tonglit Logistics, located in the Taichung Free Trade Zone, to outsource
processing to Yulon Motor. The case will boost Tonglit¡¦s annual production
value by an estimated NT$25 million, increase Yulon¡¦s exports by NT$2.5
billion a year, and hike the production value of cooperating manufacturers by
NT$2.0 billion.
To promote interactive linkages between free port zone logistics
enterprises and manufacturers outside the zones, and thereby boost the
development of related domestic industries, the Regulations Governing Customs
Clearance for Goods in Free Trade Zones allow zone enterprises that are engaged
in logistics, that have a major influence on the national economy, and that have
a paid-in capital or actual free trade zone investment and operating capital of
more than NT$100 million to apply to the Free Trade Zone Coordinating Committee
for permission to outsource transformational processing to companies outside the
zones.
The Free Trade Zone Coordinating Committee approved the first such
outsourcing in
For more details, please visit this website: http://www.cepd.gov.tw/style1/style1_sec2.jsp?linkID=194&parentLinkID=0&businessID=4096&gosec2=y&pageno=&userID=1&nowpage=1.
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