Chinatrust Financial Holding Co (齌蝁旄) yesterday broke ground for its new corporate headquarters, located in Taipei*s Nangang Economic-Trade Park (欬╮枔湳禤洁).
It will be the city*s biggest ever single corporate project and is scheduled for completion in 2012 at a minimal cost of NT$15 billion (US$449.4 million).
The new headquarters sit on a 9,000 ping (29,752m昆) plot of land, 4,800 ping of which will be open public space, Chinatrust chairman Jeffrey Koo (迖眵撂) told a ground-breaking ceremony.
THREE TOWERS
Once completed, 6,000 employees will work in two of the project*s office buildings, a 30-story tower and a 20-story tower, he said, adding that the city*s Nangang mass rapid transit (MRT) line will have a station next to the building. The remaining 14-story building will be leased and there will be a business hotel from the fifth floor to the top, while a shopping mall will cover the first four floors, the bank*s press statement said yesterday.
&GREEN SPACE*
To make the lives of the district*s residents better, the bank will also provide financial support for a 3,641-ping park nearby as well as opening the corporate headquarters* own ※green space§ to the public, Koo said.
Koo said that he hoped the new headquarters would mark a milestone for the financial service provider*s future development by enhancing its operational efficiency and by cutting electricity costs by millions of NT dollars as a solar energy system will be installed.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday obtained the government’s approval to inject an additional US$7.5 billion into its US subsidiary, the Department of Investment Review said in a statement. The department approved TSMC’s application of investing in TSMC Arizona Corp, which is engaged in the manufacturing, sales, testing and design of IC and other semiconductor devices, it said. The latest capital injection follows a US$5 billion investment for TSMC Arizona approved in June. The chipmaker has broken ground on two advanced fabs in Arizona with aggregated investments approved by the department totaling US$24 billion thus far. According to TSMC, the first Arizona
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