Department of Information and Tourism, Taipei City Government

After Mayor Chiang Wan-an of Taipei City Government (TCG) took office, he vigorously promoted various investment projects. In 2023, with contracts worth NT$27 billion, the total amount of capital invested ranked first among all local governments in Taiwan. Investment projects include MRT construction plans, urban renewal and sports facilities, all of which are scheduled to be completed according to the planned timeline. It is hoped that through these construction projects, Taipei City will evolve into a capital with vibrant business opportunities going forward!

Hu Hsiao-lan, the commissioner of Department of Finance (DOF) said that in order to achieve Mayor Chiang’s goal of "Sustainable Comuunion and Hope for the Capital", DOF has actively improved various investment mechanisms. Fourteen investment contracts were signed in 2023, with private investment amounting to more than NT$27 billion, including ‘’Land Development Project of the Jincheng Depot and Juguang Station on the Wanda Line and on the Adjacent Site of Lot MRT LG04 (Kalah Station, Wanda Line M9)’’, ‘’The Government-Led Urban Regeneration of No. 60-19 etc. 6 parcels, 2th Subsection, Fuhe Section, Zhongzheng District in Taipei City‘’ and ‘’Taipei Daan Sports Center and Taipei Heping Basketball Gymnasium, which is an Operational Transfer project’’. The Ministry of Finance announced the results of local government investment promotion last year on January 31. Taipei City ranked first among all local governments in the first year after Mayor Chiang took office.

DOF further indicated that investment projects have been undertaken in 2024, including ‘’The Build-Operate-Transfer(BOT) and Operate-Transfer(OT) Project of Taipei Zoo Ecological Center and Nearby Car Parks‘’, the latter has already selected the most prominent applicant;  ‘’The Land Development Project on Chiang Kai Shek Memorial Hall Station (M4) of MRT Wanda Line‘’ and ‘’The Government-Led Urban Regeneration of No 644 etc. 8 parcels,4th Subsection, Yongchang Section, Zhongzheng District in Taipei City‘’ which were moving forward with investment solicitations announced;  What would follow soon include: ‘’The Land Development Project on Zhonghe Station (M2) of MRT Wanda Line‘’, ‘’Establishment of Superficies for Land Lot No.52,56,Ruanqiao Section, Beitou District, Taipei City‘‘ and ‘‘The Land Development Project on Y21 Station(MRT Development Zone 3) of Circular Line North Section‘‘. The involvement of the private sector in the provision of infrastructure and related services is devised to foster local prosperity by speeding up the development of city-owned lands, enhancing the effectiveness of utilizing the city resources, creating more business opportunities and increasing local employment by enrolling private sector’s expertise.

Finally, the DOF said that any parties interested in investing in the public infrastructure in Taipei City are welcomed to visit our website（https://pppproject.gov.taipei/） to scout and collect information on investment opportunities. Private investors seeking opportunities are welcomed to bid for the projects released. The participation of the private sector in increasing access to infrastructure and related services is critical to flourish the local economy and enhance social welfare.