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To: StanX Long who wrote (63653)5/13/2002 1:43:33 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Tainan science park races to catch up with Hsinchu site
By Shu Shin Luh,The China Post
Monday May 13, 8:00 AM

sg.news.yahoo.com

Set amid rice patty fields, the high-tech industrial buildings occupying this southern Taiwanese town were supposed to replicate the Taiwanese success story by creating another money-making tech park.

But unlike its successful cousin in the northern Hsinchu Science-based Industrial Park, the Tainan campus has only seen trouble since it broke ground five years ago.

Vibration caused by a high-speed railway project that cut through the heart of the science park drove many companies to abandon investments in the park. Then a chicken farmer trying to get a buyout from the government burned chicken feces and dead chicken right next to the park, driving some investors to take their wafer factories to Singapore instead.

With almost every major Asian city from Bali to mainland China touting science parks, Taiwan's stronghold as the region's high-tech hub is waning. Cheap rents, land, and box breaks have lost their ability to ensure companies choose Taiwan over other nations where labor is cheaper, or in the case of Singapore, where the quality of life is more inviting, says one U.S. banker in Taipei.