Oct 15, 2001

The plan of Taiwan's Quanta Computer Do. to develop an new township in Shanghai, east coast of China, has won warm response from Taiwan enterprises that plan to set up business operations in the new town.

Chairman Lin Pai-li of Quanta Computer has purchased an area of 1,800 acres of land at an export processing zone in Shanghai. The company has designated the project as "Quanta Shanghai Manufacture City".

Quanta will use 800 acres of the area as its new global computer manufacturing center. It also issued invitations to several hundreds of supplying companies in Taiwanto use the remain area of 1,000 acres.

Quanta expects the project will become a model for Taiwan companies that move manufacturing operations abroad but keep business roots as well as research & developing, sales and marketing in Taiwan.

Hon Hai Precision Industry Co., which is currently engaged in aggressive expansion in China, and many other companies have expressed keen interested in taking part in the project led by Quanta.

In addition to manufacturing plants, "Quanta City" will also have department stores, supermarkets, movie theaters, and other facilities.