Virus Outbreak: Minstry to give shopping districts NT$100m boost - News Summed Up

Virus Outbreak: Minstry to give shopping districts NT$100m boost


By Natasha Li / Staff reporterThe Ministry of Economic Affairs yesterday revealed a NT$100 million (US$3.32 million) budget to improve infrastructure in shopping districts nationwide as it looks to stimulate the local economy amid a COVID-19 outbreak. “Put it this way, the coronavirus is providing us with a unique opportunity where shopping districts can take advantage of the current lull in business to shape up,” Small and Medium Enterprise Administration Director-General Ho Chin-tsang (何晉滄) told the Taipei Times by telephone. The NT$100 million budget would be mainly spent on upgrading existing public infrastructure within 20 selected shopping districts across the nation, Ho said. “Shopping districts should also focus on implementing more environmentally friendly facilities and equipment,” he added. While the ministry is still discussing the exact criteria, shopping districts that wish to participate would each have to submit a project plan for approval, Ho said.


Source: Taipei Times March 02, 2020 15:56 UTC



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