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Taiwan's leading engineering, procurement, and construction (EPC) services provider CTCI announced that it will collaborate with Foxconn (Hon Hai Precision Industry Company) and TEEMA (Taiwan Electrical and Electronic Manufacturers' Association) on an initiative to set up "TEEMA Science Parks" overseas, leveraging CTCI's EPC capabilities and experiences in building low-carbon industry parks, factories, and industrial plants.
Launched by Foxconn and TEEMA, the initiative aims to set up multiple science parks across Asia, the Americas, and Europe to help Taiwanese electrical and electronics firms cope with the challenges of changing global business landscape marked by regional manufacturing, supply chain restructuring, and geopolitical influences. TEEMA Science Parks will draw upon the experiences of science parks in Taiwan, bringing institutions, technologies, and human resources along to enhance manufacturing capacity overseas. The parks will also be empowered by AI and include ESG elements. CTCI is excited to be part of this forward-looking and global-scale project that may boost Taiwanese firms' competitiveness and overseas expansion.
"CTCI is pleased to become a key partner of the TEEMA Science Park project development team," said CTCI Corp. Chairman Michael Yang. "We'll be mostly involved in the general development and planning of science parks in Mexico, the US, Poland, and India, as well as project management and EPC works. Our three business groups—engineering, intelligent solutions, and resource cycling—will form a strong, professional team to build sustainable, intelligent, and globally aligned infrastructure for these science parks. We look forward to seeing these parks become important foundations for Taiwanese firms' global expansion."
With years of experience in energy infrastructure, resource cycling, and advanced technology facilities, CTCI has built its presence in the US, China, the Middle East, Southeast Asia, and India, completing many infrastructure-building projects, such as wastewater treatment plants, water reclamation plants, waste solvent recovery facilities, energy-from-waste plants, final disposal facilities, air pollution control facilities, gas-fired power plants, cogeneration power plants, electrical substations, solar power plants, chip fabs, electronic assembly plants, and data centers. CTCI prides itself on being the only EPC group in Taiwan with full-spectrum capacity for front-end engineering, design, construction, operation and maintenance, investment, and management. By joining TEEMA's global science park initiative, CTCI would enhance its project credentials while helping Foxconn and TEEMA advance their vision for a worldwide science park network that brings Taiwanese technology, management practices, and values to global markets.
