By: Ku Chuan and Elizabeth Hsu
Taipei, Aug. 22 (CNA) Facing public criticism over the government’s large-scale infrastructure program, Premier Lin Chuan (林全) said recently that it was formulated not for the goal of stimulating economic growth but to give Taiwan a better future.
“If this construction or investment has to be done sooner or later, it’s better to do it sooner,” said Lin in a recent interview with CNA.
If the economy becomes better during the process of implementing the project, then that would be an extra benefit, Lin said when answering questions about the Forward-looking Infrastructure Development Project, which has a four-year NT$420 billion budget.
The project’s value cannot be judged by how much it will help increase the country’s gross domestic product (GDP) growth, but by “whether or not it can help the industrial development and national construction of Taiwan in the future,” Lin said. [FULL STORY]