‘Love Ferris wheel’ plan fails to attract investors

Taipei Times
Date: Dec 16, 2019
By: Shelley Shan  /  Staff reporter

Not a single investor has expressed an interest in developing the old port zone at the Port of Kaohsiung,

One of the potential locations for the “Love Ferris wheel” and shopping mall project is pictured in Kaohsiung on Aug. 30.
Photo: Chang Chung-yi, Taipei Times\

one of the locations considered by the Kaohsiung City Government to implement its “Love Ferris wheel” and shopping mall project, Taiwan International Ports Corp (TIPC) said yesterday.

The project was one of Kaohsiung Mayor Han Kuo-yu’s (韓國瑜) campaign promises as he ran for mayor last year.

It would be built by the Love River (愛河) and feature cars that double as “motel rooms,” he said at the time, adding that it would cost more than NT$10 billion (US$329.85 million at the current exchange rate) and create 3,000 jobs.

However, three of the four locations the city government yesterday offered as options to build the Ferris wheel are not along the river. They are piers Nos. 4 to 8; piers Nos. 16 to 18; and pier No. 21, also known as the old port zone.    [FULL  STORY]

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