Taiwan Sugar Corporation (TSC; Chinese: 台灣糖業股份有限公司; Pe̍h-ōe-jī: Tâi-oân Thn̂g-gia̍p Kó͘-hūn Iú-hān Kong-si; pinyin: Táiwān Tángyè Gōngsī) or Taisugar (Chinese: 台糖; Pe̍h-ōe-jī: Tâi-thn̂g; pinyin: Táitáng) is a state-run enterpriseofTaiwan, with headquarters in Tainan City.
 | |
| Formerly | 臺灣糖業有限公司 |
|---|---|
| Company type | Joint-stock company, Government-owned corporationofMinistry of Economic Affairs (Taiwan); formerly: Limited liability company |
| (1237.TW) | |
| Industry | Agriculture |
| Founded | 1946 Shanghai City |
| Headquarters | No. 68 Shengchan Rd., East, Tainan, Taiwan |
Area served | Taiwan |
Key people | Chairman: Ming-Jou Yang President: Li-Jen Chen |
| 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 |
| Website | /www.taisugar.com.tw |
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.[citation needed]
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.[citation needed] They also have a number of significant overseas investments. In 2020 Taiwan Sugar Corporation announced plans to close its largest pig farminVietnam 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 550 km2 (210 sq mi) of land in Taiwan — 370 km2 (140 sq mi) are for agricultural purpose and 120 km2 (46 sq mi) are for contract production.[3]
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