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Medical Valley

An Outline of the Medical Valley Project

(Plan for the Development of Medical, Health and Welfare Industries)

What is the "Medical Valley Project"?

By establishing an integrated network (or industrial cluster) of domestic companies, service providers, universities and research industries, and encouraging the progression towards a highly competitive industrial structure, the development of not only a chain of new enterprises and ventures but also a new network arising from the integration of these industries is possible.

What are "Medical, Health and Welfare Industries"?

The Founding Purpose of the Medical Valley Project

We aim to revitalize regional development and improve the health and welfare of the citizens, by promoting competitive Medical, Health and Welfare Industries (through the Medical Valley Project). Such reform will answer consumer demands of high quality goods and services, and requires the effective utilization of local resources and the collaboration of both producers and consumers.

The Basic Strategy of the Medical Valley Project

There are 3 basic strategies necessary for the success of the Medical Valley Project.

1. An integrated network of Medical, Health and Welfare Industries
...the creation and integration of competitive Medical, Health and Welfare Industries
- Pharmaceutical Group
- Welfare Goods Group
- Health Foods Group
2. Upgrading of medical and welfare services
...expansion into new markets
3. Improved response to increased consumer demands
...promoting the provision of high quality goods and services

Eight Fundamentals for the Promotion of the Medical Valley Project

Based on the following basic fundamentals, approximately 60 concrete measures have been taken towards the promotion of the Medical Valley Project.

  1. Promotion of collaboration within civic, academic, business and governmental circles
  2. Promotion of research and technological development
  3. Providing support for the establishment of new enterprise
  4. Promotion of strategic industrial investment
  5. Upgrading and improving the efficiency of medical, health and welfare services
  6. Improvement of information services
  7. Development of promotion systems
  8. Human resource development
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