Reported 3 months ago
During a media briefing in Taipei on July 17, 2024, Prime Minister Cho Rong-tai revealed the 'Big Investment in Taiwan' plan, focusing on attracting 30 trillion in insurance funds to invest in long-term care, urban renewal, social housing construction, and innovative technologies as part of national strategic industries. The government aims to guide funds back to Taiwan and intensify efforts compared to past investment initiatives, with the Economic Development Committee set to unveil detailed plans. The aim is to address issues such as housing justice through incentives, private-public partnerships, and utilizing public lands, while expert consultations are scheduled for August to refine the strategy. Key advisors include former Vice Premier Lin Shin-yi, entrepreneur Stan Shih, academic Chu Jing-yi, and business figures like Terry Gou and Simon Lin.
Source: YAHOO