China to boost Taiwan infrastructure

By Richard High07 May 2008

Taiwan's incoming premier Liu Chao-shiuan is looking to boost investment in its infrastructure sector, according to the country's Economic Daily News.

Mr Liu was quoted as saying that Chinese officials had shown interest in participating in Taiwan's planned TWD 3.9 trillion (US$ 1.28 billion) infrastructure projects, when vice president-elect Vincent Siew attended the Boao Forum for Asia(BFA) in Hainan in southern China in April.

According to the Economic Daily News Mr Liu was referring to 12 projects that the Kuomintang (KMT) party had pledged to undertake in the run-up to the presidential election.

The KMT's Ma Ying-jeou will be sworn in as president on May 20 after the party won a landslide in the March 22 polls.

Of the TWD 3.9 trillion (US$ 1.28 billion), said Mr Liu, about TWD 1.34 trillion (US$ 440 million) will come from the private sector.

Latest News
StepUp Scaffold will bring Nordic Platform composite decks to North America
StepUp participated with Nordic’s development of composite decks and accessories over 12 years in Europe and believes North America is ready for their ESG and practical benefits
Bauma launch for 58m Zoomlion boom
New ZT58J Ultra telescopic boom lift also boasts a 25.5m outreach
Vertical mast lift insights
A look at some of the newest vertical masts lift products and trends in thre market