Focus Taiwan
Date: 2017/08/23
By: Ku Chuan, Elaine Hou and Evelyn Kao

Taipei, Aug. 23 (CNA) The relevant government agencies will communicate with the legislative caucuses of the various political parties over the next two days to discuss passage of a special budget for a major infrastructure development plan, Cabinet spokesman Hsu Kuo-yung (徐國勇) said Wednesday.

Hsu said Taiwan is lagging behind other countries in terms of infrastructure investment, as indicated by its drop from 19th to 21st in the 2017 IMD World Competitiveness Yearbook published in June.

However, once the special budget of NT$108.90 billion (US$3.67 billion) for the first phase of government’s “forward-looking infrastructure development plan” is passed in the Legislature, implementation will begin, he said.    [FULL  STORY]