Premier Lai puts forth plans to tackle industrial land shortage

The China Post
Date: November 6, 2017
By: Shih Hsiu-chuan

TAIPEI (CNA) – Premier Lai Ching-te (賴清德) said Monday that the government will

Premier Lai Ching-te, center, reacts during a press conference on tackling industrial land shortage on Monday, Nov. 6, 2017. At the press conference, Lai made three proposals for acquiring the land, as the government prepares to launch an initiative this week to tackle what it said were the major obstacles to investment, namely impending shortages of water, electricity, labor and professional talent. (CNA)

provide 1,442 hectares of land for industrial use as part of its efforts to meet demand for space in that sector over the next five years.

At a press conference, Lai made three proposals for acquiring the land, as the government prepares to launch an initiative this week to tackle what it said were the major obstacles to investment, namely impending shortages of water, electricity, labor and professional talent.

Lai said that by the end of 2022, demand for land in the industrial sector will increase by 1,266 hectares.

In the first instance, the government will seek to tackle the problem by making available 806 hectares of public lands, 371 hectares of which will be offered for rent at preferential rates in the first two years, Lai said.    [FULL  STORY]

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