Taizhou Economic Development Zone

Overview of Taizhou Economic Development Zone (台州经济开发区)

Taizhou Economic Development Zone (TEDZ) was established on the Zhejiang coast on Jan 30, 1997, integrated with the provincial economic development zone, the provincial investment zone for Taiwan businesspeople, and the provincial high and new technology industrial park.

The Zone covers a total area of 30 square kilometers, divided into two districts by Donghuan Road. The 16-square-kilometer east district is a scientific and technological park, which focuses on technology-intensive and export-oriented programs. Enormous eco-friendly modern manufacturing industry and process industry have been cultivated there. Scores of characteristic parks have been established there, including the industrial park of high and new technology, the investment park for Taiwan businesspeople and an electromechanical industrial park. The west district includes the city's 3-sq-km downtown and residential areas and schools. The downtown is composed of an administrative and cultural center, financial and commercial trading center, sports center and other functional buildings. It is the most intensive central block in new Taizhou equipped with abundant human resources and the congregation of technology, information and capital. 

Since its establishment, TEDZ has accumulated up to 1.5 billion yuan ($224.75 million) for infrastructure construction. There are 36 main streets with a total length of 48 kilometers covering a total area of 1,980,000 sq m, and the green coverage exceeds 300 mu (20 hectares). TEDZ has already created a sound environment for investment and development. The east district boasts complete infrastructure, including telecommunication, electric power, water supply, drainage and sewerage. More road expansion construction is to build the "two verticals and four horizontals" road system. The west district has already become the backbone of the road network and enjoys excellent infrastructure. So far, investors from more than 10 countries and regions, including USA, Germany, Hong Kong and Taiwan, have invested there, focusing on the manufacture of light-reflective membranes and industrial sewing machinery, automobile fittings and rubber products. With a reasonable industrial structure, flexible mechanism of enterprise, and export-oriented products of high quality, TEDZ is undergoing rapid economic development with bright prospects.

The management committee of TEDZ, appointed by the government of Taizhou, has introduced policies to reward new investments and preferential policies for high and new technology. Meanwhile, TEDZ offers a full set of services concerning marketing and management, and also cuts down on administrative approval procedures.

TEDZ seeks every opportunity of development and always works hard to develop its economy to build a better city, with reasonable distribution, comprehensive facilities, convenient traffic, sound environment and high civilization. Investors from home and abroad are warmly welcomed.

TEDZ is dedicated to developing economies and constructing an upgraded town for its citizens. After a five-year rapid development, TEDZ has realized many economic achievements and created a comfortable living environment for citizens. TEDZ emphasizes on regional economic quality to diversify its industrial styles, including reflective film, automobile accessories and sewing machines. TEDZ has established enormous enterprises with foreign investment from more than 10 countries and regions, including USA, Japan, Germany, Australia, Hong Kong and Taiwan.

For investors, TEDZ provides the most appealing economic development opportunities and first-class services.