China Steel to build wind turbine port, production facility at Taiwan's Port of Taichung - port

Jul 5, 2013 - China Steel Corp (TPE:2002) has agreed with Port of Taichung, a unit of Taiwan International Ports Corp, to develop a wind turbine assembly and shipping port and a wind power production facility at the port, Taiwan Today reported yesterday.

The port will provide its pier 2 and 74.28 ha (183.5 acres) of land for the development, under the letter of intent signed between the two partners.

China Steel will set up a wind power industrial cluster, including a testing and certification site, according to Shen Jong-chin, director general at Taiwan's Ministry of Economic Affairs, quoted by the media.

Taiwan should have 600 offshore wind turbines by 2030 with production value of TWD 700 billion (USD 23.303bn/EUR 18.099bn) and 19,000 created jobs, under the goal set in a wind power development plant of Inter-American Development Bank (IDB), Shen Jong-chin said.

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