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Land hoarding and speculation in industrial zones, farmland innocently affected

General News By Emily Carter 0 views

Taiwanese businessman returns home: Shengzhou Enterprise wants to build a factory on farmland in Longquan, Pingtung, and local residents strongly protest, not wanting the farmland to be polluted. Outsiders ask why the company does not move into an existing industrial zone and instead insists on buying farmland and then having it rezoned for industrial use. But Shengzhou general manager Yang Ming-shun responded that a suitable industrial zone in Pingtung is asking 70,000 yuan per ping, and calculated at 4 hectares, the land cost alone would be nearly 900 million yuan, so buying farmland to build a factory and change its use is a choice made out of necessity.

The Ministry of Audit estimates that there are 337 qing of idle industrial land nationwide, but most of it is visible yet out of reach. Some factory zones are poorly planned and unsuitable for use, and even more of the land has already been sold off and flowed into the real estate market for speculation, with prices staying high and a single plot often worth over 100 million yuan. Business operators who need land have no choice but to turn to cheaper farmland, and some even simply put up corrugated iron sheds to run illegal factories, quietly waiting for a chance to be "legalized on site." If the industrial land problem is not solved, the sad song of farmland pollution will continue to play out.