Taiwan Sugar Corporation 台灣糖業股份有限公司 | |
Former Name: | 臺灣糖業有限公司 |
Type: | Joint-stock company, Government-owned corporation of Ministry of Economic Affairs (Taiwan); formerly: Limited liability company |
Traded As: | (1237.TW) |
Founded: | 1946 Shanghai City |
Location: | No. 68 Shengchan Rd., East, Tainan, Taiwan |
Area Served: | Taiwan |
Key People: | Chairman Ming-Jou Yang |
Industry: | Agriculture |
Net Income: | 56,367,498,650 NTD |
Divisions: | Marketing Business Division Hypermarket Business Division Animal Industry Business Division Petroleum Business Division Sugar Business Division Biotechnology Business Division Agriculture Business Division Leisure Business Division |
Taiwan Sugar Corporation (TSC; ; pinyin: Táiwān Tángyè Gōngsī) or Taisugar (; pinyin: Táitáng) is a state-run enterprise of Taiwan, with headquarters in Tainan City.
The corporation was established on 1 May 1946 by the Nationalist government after the handover of Taiwan from Japan to Republican China, by merging all of the sugar companies (Dai-Nihon, Taiwan, Meiji, and Ensuiko Sugar Company) during the Japanese era in Taiwan. In the 1950s and 1960s, sugar was one of the major exports of Taiwan; the corporation remains a major land owner today.
Taiwan's sugar trade, which flourished for almost 400 years, is now a sunset industry. The Taiwan Sugar Corporation has diversified its business into tourism, floriculture, biotechnology, and retailing. It also operates a chain of gas stations and invests in Taiwan High Speed Rail. They also have a number of significant overseas investments. In 2020 Taiwan Sugar Corporation announced plans to close its largest pig farm in Vietnam and instead invest NT$10.7 billion (US$369 million) in remodeling and improving their pig farms in Taiwan.[1]
Taiwan Sugar Corporation has five types of developments — Open Bid Construction, Joint Construction, Community Development, Sugar Factory Fields Development, and Student's Dormitory Development. It also owns the Taiwan Sugar Research Institute.
Taisugar owns 550km2 of land in Taiwan — 370km2 are for agricultural purpose and 120km2 are for contract production.[3]