Taiwan Science-based Industrial Park's total production value has shown stunning growth over the last few years, and it is expected to reach 500 billion new Taiwan dollars (15.38 billion U.S. dollars) for this year, according to a report reaching in Hongkong from Taipei on Thursday.

Deputy director general of the park's administration Wu Meng- fen said the park witnessed a production growth of 50.68 percent for the first half of this year.

Wu noted that the 1,000-hectare Taiwan Science-based Industrial Park is the largest among all of Taiwan's science parks in terms of a single land area. He added that sitting right next to the park is 3,299 hectares of land dedicated to the production of LCD TVs.

He said, the park is the largest optoelectronic industrial park in Taiwan.

The park has many advantages for growth. There are 12 high education institutions and 15 research institutions nearby and a convenient traffic network that links the park with a nearby airport and high-speed rail station.

Source: Xinhua