Taiwan Railways Corporation Generates Huge Profits! Development Benefits from Projects like Taipei Star, Nangang Star Exceed NT$160 Billion

Reported about 1 year ago

Since the Taiwan Railways Administration became a state-owned corporation on New Year's Day this year, it has introduced new development methods not restricted by local procurement laws, aiming to launch four new major commercial projects in Taichung, Taipei, Keelung, and Kaohsiung, with initial assessments projecting benefits of over NT$15 billion. The corporation expects to earn over NT$160 billion from various asset development approaches, including ongoing projects like the Nangang Maintenance Depot redevelopment, Nangang Star redevelopment, Taipei Double Star C1/D1 development, and other station commercial projects. Plans to continue promoting new commercial projects are also in place, focusing on improved travel services, safety measures, and financial reforms for sustainable operation and employee well-being.

Source: YAHOO

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