Taiwan government to subsidize bike parts makers - BikeBiz

Taiwan government to subsidize bike parts makers

The Industrial Development Bureau (IDB) of Taiwan's Ministry of Economic Affairs is to start an "industry-upgrading project" in 2006, reports the China Economic News Service. Dubbed the A2 project, the aim of the IDB is to bring second-tier manufacturers up to the same technological heights as Giant and Merida, boosting the average sale price of Taiwan-produced bikes and parts.
Publish date:

Statistics compiled by IDB showed that in 2004 the island exported about 5.03 million bikes at an average unit price of $164.4.

CENS reports that IDB officials say the global bike sales come in three price segments: " the third level (for commuting purpose) of under US$80, the second level (commuting/ recreational purposes) of US$80 to US$200, and the first level (recreational/racing purposes) of over US$200. About 10% of Taiwan's bike exports belong to the top-end racing models."

IDB has previously helped both Giant and Merida with their carbon fibre programmes. The IDB's A1 project also led to the formation of the 'A-team', an alliance between 20+ companies involved in Taiwan's bike industry.

The A2 project will be focused on the bike-parts sector rather than the complete-bike sector.


Spotter: BOSS Report

Featured Jobs

the cycle hub

Workshop Manager

The Cycle Hub I Dubai, United Arab Emirates I Competitive Package & Bonus I Date Published Wednesday 3rd October 2018

jc cook bike promo

Mechanic/Sales Assistant

JC Cook I Grimsby/Scunthorpe I Salary: 20k Plus Commission I Date Published Tuesday 16th October 2018