TAIPEI (Taiwan News) — The Ministry of Finance will hold a public infrastructure investment briefing on July 4 at the Taipei Nangang Exhibition Center to attract private sector funding.
The ministry said that it will launch a total of 105 projects, including sports facilities, cultural and educational facilities, and transportation infrastructure. The total estimated private investment is expected to exceed NT$236.4 billion (US$7.3 billion), per CNA.
This year’s largest investment project is the development of the Kaohsiung Metro Orange Line O9 Station, with an investment reaching NT$17.4 billion, followed by the renovation of the Banqiao Second Stadium in New Taipei, totaling NT$15 billion, and the development of a transit center at Taichung International Airport, with an investment of NT$13 billion.
The ministry said that this year's number of investment projects and amount represent significant growth compared to last year's 76 projects and NT$132.6 billion. The agency plans to announce the investment results in the second half of this year or the first half of next year.
The ministry highlighted the limited number and small scale of past projects hindered large-scale investments from domestic insurance companies. To address this, the government will continue to promote public-private partnerships to strengthen infrastructure and enforce stricter oversight from the start to ensure effective use of funds.
The ministry said that private sector involvement in public infrastructure can help ease the government’s fiscal burden while providing private companies access to reliable investment opportunities, reducing their exposure to risks from overseas investments. It added that the investment briefing will invite more participants from Taiwan’s financial sector.
Last year, the ministry’s public infrastructure investment projects primarily focused on long-term care facilities, reclaimed water plants, and resource recycling facilities.
Notable investments included NT$3.42 billion for the development of a long-term care park in Taipei’s Beitou District, NT$230 million for a reclaimed water plant in the Southern Taiwan Science Park, NT$700 million for a chemical waste treatment facility in Tainan’s Liuying District, and NT$319 million for a livestock waste recycling center in Changhua.
