Taipei allocates NT$608bn for infrastructure - News Summed Up

Taipei allocates NT$608bn for infrastructure


Taipei allocates NT$608bn for infrastructureStaff writer, with CNAThe government has allocated NT$608 billion (US$21.35 billion) to spend on public infrastructure this year, in a bid to stimulate the economy amid the COVID-19 pandemic, the National Development Council (NDC) said on Monday. Premier Su Tseng-chang, right, speaks alongside National Development Council Minister Kung Ming-hsin during a question-and-answer session at the Legislative Yuan in Taipei yesterday. Photo: Tu Chien-jung, Taipei TimesRegarding the Taoyuan Aerotropolis project, more than NT$60 billion would be allocated in September for the acquisition of land, the council said. The 4,500 hectare project, near Taiwan Taoyuan International Airport, is to be a modern industrial logistics center, development zone and urban residential area. Government agencies are being urged to expedite work on infrastructure projects, he added.


Source: Taipei Times March 23, 2021 15:56 UTC



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