Focus Taiwan
Date: 2018/12/27
By: Jeffrey Wu and Evelyn Kao 
Taipei, Dec. 27 (CNA) A foreign consortium composed of Malaysian and Hong Kong developers has won a bid for a property project in Taipei, Taipei Rapid Transit Corp. (TRTC) announced Thursday.

Hong Kong-listed property development firm Nan Hai Corp Ltd. and Malaysian-listed property developer Malton Berhad submitted the winning tender for the development of a huge complex near Taipei Railway Station dubbed Taipei Twin Towers. A contract is scheduled to be signed by the end of March 2019, with construction to be completed by 2025, the Taipei City Government-owned company said.

The consortium was one of two teams to submit tenders for the project before the deadline in October. The other was a domestic team made up of contract computer maker Clevo Co. and its affiliate Hongwell Group.

The two bids both met specifications and bidder qualifications in the first bid evaluation round.    [FULL  STORY]