The Executive Yuan has finalized an urban renewal plan to develop the Hua Kuang Community, an area near Taiwan National Democracy Memorial Hall, into a financial center and a telecommunications technology park.
Tsai Tsun-hsiung (蔡勳雄), a Cabinet minister without portfolio, convened an interagency meeting on Friday on the proposal, which was submitted by the Ministry of the Interior (MOI). Officials from the Council of Economic Planning and Development, the Ministry of Justice, the Taipei City Government, Chunghwa Telecom Co (中華電信) and Chunghwa Post (中華郵政) also participated in the meeting.
The MOI and Chunghwa Post agreed to move their employees out of their buildings to make way for the renovations. Chunghwa Telecom also agreed to coordinate with its counterparts and related businesses to map out a plan to build a development center for digital telecommunications.
Hua Kuang Community is the area between Hangzhou S Road Sec 2 and Jinshan S Road Sec 2 on the north-south axis and between Jinhua Street and Jinshan S Road, Section 2, Lane 30, east-to-west.
The renewal plan was first proposed in 2005 under the then-Democratic Progressive Party administration, which wanted to develop it into an administrative center and a cultural zone.
The Chinese Nationalist Party (KMT) government now wishes to turn the area of 12.6 hectares — one of the 20 major urban renewal plans it has advocated nationwide — into what it called “Taiwan’s Wall Street.”
The Financial Supervisory Commission, located in Banciao, Taipei County, will provide four buildings to accommodate its employees and those from the Taiwan Stock Exchange and the Taiwan Future Exchanges.
The government wishes to relocate the Taiwan Financial Holding Group (台灣金融控股公司) and other state-owned financial institutions and to attract transnational corporations.
A tract of government-owned land within the community has also been demarcated for business hotels.
The Executive Yuan said the government hopes to begin the project by the end of this year, adding it expected it would cost NT$16.7 billion (US$509.3 million).
The Coast Guard Administration (CGA) and Chunghwa Telecom yesterday confirmed that an international undersea cable near Keelung Harbor had been cut by a Chinese ship, the Shunxin-39, a freighter registered in Cameroon. Chunghwa Telecom said the cable had its own backup equipment, and the incident would not affect telecommunications within Taiwan. The CGA said it dispatched a ship under its first fleet after receiving word of the incident and located the Shunxin-39 7 nautical miles (13km) north of Yehliu (野柳) at about 4:40pm on Friday. The CGA demanded that the Shunxin-39 return to seas closer to Keelung Harbor for investigation over the
National Kaohsiung University of Science and Technology (NKUST) yesterday promised it would increase oversight of use of Chinese in course materials, following a social media outcry over instances of simplified Chinese characters being used, including in a final exam. People on Threads wrote that simplified Chinese characters were used on a final exam and in a textbook for a translation course at the university, while the business card of a professor bore the words: “Taiwan Province, China.” Photographs of the exam, the textbook and the business card were posted with the comments. NKUST said that other members of the faculty did not see
The Taipei City Government yesterday said contractors organizing its New Year’s Eve celebrations would be held responsible after a jumbo screen played a Beijing-ran television channel near the event’s end. An image showing China Central Television (CCTV) Channel 3 being displayed was posted on the social media platform Threads, sparking an outcry on the Internet over Beijing’s alleged political infiltration of the municipal government. A Taipei Department of Information and Tourism spokesman said event workers had made a “grave mistake” and that the Television Broadcasts Satellite (TVBS) group had the contract to operate the screens. The city would apply contractual penalties on TVBS
An apartment building in New Taipei City’s Sanchong District (三重) collapsed last night after a nearby construction project earlier in the day allegedly caused it to tilt. Shortly after work began at 9am on an ongoing excavation of a construction site on Liuzhang Street (六張街), two neighboring apartment buildings tilted and cracked, leading to exterior tiles peeling off, city officials said. The fire department then dispatched personnel to help evacuate 22 residents from nine households. After the incident, the city government first filled the building at No. 190, which appeared to be more badly affected, with water to stabilize the
RSS