Reported about 1 year ago
Far Eastern New Century, with 570,000 ping of land assets nationwide, plans to accelerate asset activation focusing on industrial development with residential projects as supplements. The development approach includes leasing, selling, and joint ventures. The company's land assets are mainly in prime locations in northern Taiwan, with around 40% being investment properties. The surge in technology industry investment has led to high demand for industrial land, prompting Far Eastern New Century to expedite the development of old factories in areas like Banqiao, Xinzhuang, Neili, Taishan, Yilan, and Guanyin Industrial Zone. Projects like Tpark in Banqiao and the Neili Land Development in Taoyuan are underway, aiming to revitalize assets. Future plans include a hot spring resort in Yilan, industrial land in Taishan and Wugu, and a digital currency regulation breakthrough in the U.S.
Source: YAHOO