Colossal investment for Taiwan


The Taiwanese government is to team up on 71 co-development projects with the private sector – totalling US$4.3 billion worth of urban renewal, port construction, land development and other government schemes in 2015, reported Asia One.

Since the first investment conference held by the Ministry of Finance (MOF) in March, the private sector has secured 71 deals with the government, ranging from urban renewal and port construction to land development projects, with a total worth of US$2.9 billion.

Among the new projects for 2015 is an urban renewal project close to the Port of Kaohsiung and a commercial development project located near Kaohsiung MRT's Aozihdi Station.

In Taipei, there is an aviation related industrial development project near Taipei Songshan Airport and an urban renewal project located on the south side of the Zhong Shan Girls High School.

In other parts of Taiwan, there is an international technology and business conference centre BOT project in Hsinchu City, and a yacht management centre BOT project at the Anpin fishing port in Tainan.

To keep the impetus going, the MOF is scheduled to hold the second investment conference on September 25.

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