Taichung City Government and Hoffmann Financial Consulting today (6) signed an MOU regarding a joint investment on sea mining project. The world first diverse sea mining investment is expected to draw 110 billion funds with nearly a thousand job opportunities. As per Mayor Lin, from Mitsui to Yasakawa, today we welcome another indicative investment project in Taichung. A city government ad hoc team will standby for the promotion and integration of platform as well as assisting to ensure the smoothness of the project.

Consists of VW, GEA and Siemens, the Hoffmann Financial Consulting adopts diversified process techniques to extract valuable chemical components such as magnesium and lithium from sea water for auto-making materials. The final product “pure water” can be consumed by public or for industrial purpose. The eco-friendly producing facility has been widely adopted in Germany and throughout Europe.

Mayor Lin indicated that, Hoffmann Financial Consulting estimated an investment funds up to 110 billion TWD that is expected to land almost a thousand job opportunities. Deep sea mining not only bring economic benefits but is also environment friendly. In addition to extracting valuable materials such as magnesium and lithium, the final component, pure water, goes to industry or public consuming water, resolving the lack of water problem at Port of Taichung.

Managing Director Harry Hoffmann is impressed by the excellent investing environment of Taichung and believed that the collaboration is to be an international focus. The project shall be smoothly carried out and create giant mutual benefit.

Mayor Lin expressed as the key milestone for Taichung the indicative investment project serves after Mitsui Fudosan and Yasakawa Electric, the project is supported by ad hoc team as a dedicated window for the project, assisting Hoffmann Financial Consulting office in Taichung and relevant affairs in order to facilitate the investment.

Economic Development Bureau indicated that a cogeneration natural gas power plant is included in the investment for self-sufficient power supply and outside corporation utilization. It will save local area more power resource, open job opportunities, and bring great contribution to Taichung economy.