A national land restoration plan recently put forward by the Cabinet is expected to have an impact on some domestic industries, particularly the cement processing industry, an official said yesterday.
The plan -- formulated in line with a national land restoration draft bill, which is pending in the legislature -- stipulates that public land in high elevation areas or areas zoned for restoration should not be leased out to private companies for business usage.
Chen Tai-hsiung (
Taiwan Cement Corp (台泥), one of the country's major cement producers, said it does not expect the national land restoration plan to have any immediate impact on its business operations.
A corporate source said that Taiwan Cement has taken out leases on three mine areas around the nation for the extraction of rocks for the production of cement. The leases don't expire until 2017.
In addition, the source said, according to new extraction contracts, only 3 percent of the land is at an elevation of higher than 1,000m above sea level.
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