Taiwan Sugar Corporation
Taiwan Sugar Corporation (TSC; ) or Taisugar () is a state-run enterprise of Taiwan, with headquarters in Tainan City. History. 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. Developments. 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. Land ownership. Taisugar owns of land in Taiwan — are for agricultural purpose and are for contract production.