Infrastructure investment to reach NT$400 billion
FOUR-YEAR PLAN: As part of the 10 New Major Construction Projects plan, the government will spend billions to develop the nation's railways and sea ports
BLOOMBERG , TAIPEI
The government plans to spend NT$400 billion (US$12 billion) in the next four years building railway lines and expanding ports to improve the nation's public infrastructure, according to the transport ministry's budget.
Spending on new railway lines and mass-transit transit (MRT) networks will cost about NT$211.3 billion over four years, according to a budget paper obtained by reporters. About one-third of the budget, or NT$133.9 billion, will be to build new berths and improve the facilities in five ports in Kaohsiung and Keelung
Read more on Taipei Times