Focus Taiwan
Date: 2017/03/09
By: Chen Cheng-wei and Lilian Wu
Taipei, March 9 (CNA) The National Development Council (NDC) is close to announcing
Kung said the candidate has considerable experience in the field of international investment, adding that he expects to confirm the appointment within a month.
Media reports have identified several prospective candidates for the post, including Stan Shih (施振榮), founder of computer manufacturer Acer Inc., Lin Hsin-I (林信義), former vice premier and Morris Chang (張忠謀), chairman of Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip maker.
Kung said that the investment company hopes to raise NT$10 billion (US$322.6 million), with the Executive Yuan’s National Development Fund contributing 40 percent of the fund and 60 percent coming from the private sector. [FULL STORY]