Private land auction draft bill finalized

‘DETRIMENTAL’:The KMT has criticized the proposal to reclaim idle land, which is predicted to free up 604 hectares of industrial land within two years, as ‘authoritarian’

Taipei Times
Date: Oct 20, 2017
By: Chen Wei-han  /  Staff reporter

The Cabinet and Democratic Progressive Party (DPP) legislators yesterday finalized a

Minister of Economic Affairs Shen Jong-chin speaks to reporters in Taipei yesterday about proposals to draft policy addressing a shortage of industrial land.
Photo: CNA

draft bill that would allow the government to auction vacant private land in industrial parks in a bid to solve an industrial land shortage.

Land is one of five industrial shortages along with electricity, water, workforce and skilled workers.

The Cabinet on Saturday last week proposed a draft amendment to the Statute for Industrial Innovation (產業創新條例) that stipulates compulsory auction of vacant private land in industrial areas to free more space for factories and businesses.

Following days of controversy over the constitutionality of the proposal, it was finalized at a meeting between the Cabinet and the DPP caucus without any substantial changes.    [FULL  STORY]

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