The Universiade will bring in over NT$10 billion to the economy - News Summed Up

The Universiade will bring in over NT$10 billion to the economy


TAIPEI, Taiwan — The upcoming Taipei Universiade will pump more than NT$10 billion into the economy, an Education Ministry report said Thursday. But that's against its total price tag of NT$17.1 billion, NT$7.4 billion of which is coming from the central government, according to the report. The multidisciplinary sporting event for college students is expected bring in NT$7.44 billion in direct businesses and NT$4.6 billion in added-value business, creating around temporary 15,000 jobs. The Universiade runs from Aug. 19 to 30, with events held in Taipei as well as across Northern Taiwan. It is the largest international tournament to ever be held in the country, with 7,639 athletes from 131 nations set to participate.


Source: The China Post August 04, 2017 00:00 UTC



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