In line with the "Greater Southern New Silicon Valley" initiative and the Asia Bay 2.0 Smart Tech Innovation Park policy, the Bureau of Industrial Parks (BIP), the Ministry of Economic Affairs (MOEA) held a topping-out ceremony on January 19 for the Asia Bay Smart Technology Building, a key development within the Kaohsiung Software Park Phase II. The project represents an investment of NT$2.6 billion by the BIP. Located on parcel A along the waterfront of the Asia New Bay Area, the building is a steel structure with three basement level and eleven above-ground floors, providing more than 33,000 square meters of industrial space. It is designed to integrate co-creation and proof-of-concept facilities with commercial and lifestyle functions. Scheduled for completion in November 2026, the building is expected to attract over 30 enterprises, create 840 jobs, and generate an estimated annual output value of NT$1.7 billion, further expanding the 5G AIoT industrial cluster and employment opportunities in southern Taiwan.
Chih-Ching Yang, the Director General of the BIP, stated that the topping-out of the Asia Bay Smart Technology Building marks a significant milestone in park development. Beyond demonstrating steady construction progress, it also symbolizes Kaohsiung's smart industry cluster entering its next stage of growth. Looking ahead, BIP will integrate industrial and science park resources across Chiayi, Tainan, Kaohsiung, and Pingtung to build the southern core of the semiconductor S-Corridor. MOEA will also work with closely with the Kaohsiung City Government to actively promote investment and create an ideal environment for industrial innovation and youth employment.
As the original Kaohsiung Software Park has reached near-full capacity, the Executive Yuan approved an expansion plan in 2021. Under this plan, BIP is developing 2.45 hectares of land north of Phase I, formerly owned by BIP Corporation, Taiwan, to establish Phase II of the park. The expanded area is divided into Parcels A, B, and C for investment promotion. The Asia Bay Smart Technology Building, located on Parcel A, is the first building to break ground. Steel structure installation has been completed, with construction scheduled to finish in November 2026 and occupancy expected in the third quarter of 2027. Investment promotion for Parcels B and C is also underway to attract additional smart application and emerging industry enterprises.
With construction progressing steadily and investment promotion gaining momentum, the Asia Bay Smart Technology Building is set to become a landmark project for the upgrading of smart industries in southern Taiwan. It will serve as a pivotal hub linking the semiconductor and AIoT industries, support the implementation of national innovation strategies, and create a new engine for economic growth in Kaohsiung. BIP emphasized that it will continue to advance public infrastructure and industrial development with high efficiency, working hand in hand with local governments and industry to build a major technology industry cluster in southern Taiwan.