Taipei City Government

On December 19, Mayor Ko Wen-je broke ground for the “Neihu Technology Park Industry Support Facilities BOT” project.

 

Describing it as the core of the broader “Neihu Tech Park 2.0 Program,” the project will see the establishment of a range of facilities and greens, as well as the implementation of a traffic flow improvement scheme.

 

Slated for completion in April of 2018, the No. 106 Park will take up 2.3 hectares. It is located in a street block confined by Ruiguang Road, Gangqian Road, and Zhouzi Street. The site is accessible by MRT Gangqian Station via a 3-minute walk.

 

In terms of traffic improvement, the west lane of Gangqian Road will be expanded during a one-month-long construction period, while a future north-south rail system will connect Neihu and Xinyi districts and linking Wenhu, Songshan, Bannan, and Xinyi MRT lines.

 

According to Ko, Neihu Tech Park BOT project will comprise creation of spaces for innovative entrepreneurship, business incubation, talent nurturing, co-working, and maker lab. The total floor area is expected to exceed 6,400 pings.

 

With operations slated to be inaugurated in 2020, the project involves NT$4.8 billion in private investment and is set to bring about at least NT$9.18 billion in revenues for the government. The project’s implementation is also expected to generate approximately 3,000 job opportunities every year from operations.

 

Ko pointed out that the “excess profit reciprocation” mechanism stipulated in the contract ensures that the more profit earned by the businesses, the more revenue the city government will receive. He hopes that the project will help boost Neihu Tech Park’s production value, which stands at NT$4 trillion today.