Formosa Industries Corporation was established in 2001, with a total land area of ​​299ha, of which 157ha was built by the company for production workshops such as: spinning, polyester fibers, nylon, plastic and power plants. , the remaining 142ha built the area calling for investment, currently attracting 16 companies to invest in building factories such as Formosa Taffeta, King car, Chinh Tan, etc.