Taiwan Land Development Corp (TLDC) has rebranded as Taikai Group to reflect a diversified business and intentions to expand home and abroad.
Taikai Group also intends to raise NT $6 billion (US$201 million) in the next five years, in order to take advantage of its “smart” city, digital entertainment and preventive medicine businesses, report the Taipei Times.
The plans were announced last Friday at an investors’ conference in Taipei.
“We intend to expand our business interests at home and abroad,” Taikai Group chairman Chiu Fu-sheng said. This is one of the reasons for the adoption of the new English name.
Several investment projects are about to bear fruit, he added.
This month, operations will begin on a 148.84 sqm Taoist temple in Hsinchu County.
The company is adding the facility to a theme park in Hsinchu to enable visitors to nurture their spiritual well-being, Chiu said.
New Paradise – a digital entertainment facility Hualien – is set to be completed by the end of 2018. It will feature assorted sports activities, as well as augmented reality and virtual reality games, he said.
Taikai Group will also begin operations on a flagship Starbucks outlet in March.
The group is set to open a hotel with 186 guestrooms in Hualien by the end of next year. In addition, they will team up with Marriott International Inc to operate 320-room hotel under the Aloft brand to court motorcycle riders. Operations could begin on Aloft Hualien as soon as April next year.
Taikai Group has signed a cooperation pact with Japanese information science professor Ken Sakamura to turn Hualien into a smart city, making it more friendly for foreign visitors.
“The company aims to introduce cashless transactions in its facilities as e-commerce grows in popularity,” Chiu said.
Image: proposals for Hsinchu Camellia Hot Spring Villa, planned by TLDC