Taipei City Government

Leading a delegation comprising officials from the departments of economic development and urban development, Deputy Mayor Charles Lin inspected the construction site of the Nangang Biotech Cluster on July 25. The site was the home to former Zhongxiao Military Encampment.
 
The “Nangang Biotech Industry Cluster Development BOT Project” is the second BOT project to complete investment recruitment during the administration of Mayor Ko Wen-je. With the inking of the agreement between the mayor and private sector investor Shikang Development Corporation on April 30, the company expects to complete the construction and begin operations in 2022.
 
During his speech, Lin pointed out that the project is an important component of the East District Gateway Project, given its strategic location. The complex will link up nearby institutions such as Academia Sinica, National Biotechnology Research Park, and Nangang Railway Station.
 
He also remarked that a pedestrian bridge will be constructed to connect the office space on the east side of the MRT Nangang Station complex with the biotech facility to ensure quick access to nearby exhibition facilities for the park’s companies.
 
According to Shikang Corporation, the company expects to invest NT$5 billion into the project, constructing a biotech startup and incubation center taking up over 5,000 pings in area which will offer preferential rates to attract startup and SME’s in the field of biotech, as well as 12,000 pings of biotech space for major enterprises and laboratories. The 50-year-long BOT project is expected to create 3,100 jobs and annual output value exceeding NT$50 billion, bringing in at least NT$6.8 billion to the public coffer.