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TAIWAN SIGNS US$321.57 MLN DEAL TO DEVELOP TOURIST SITE.
TAIPEI, Dec 1 Asia Pulse - Taiwan Tourism authorities concluded a NT$10.34 billion (US$321.57 million) deal with an international investment company Tuesday to develop the Dapeng Bay National Scenic Area in southern Taiwan, the country's largest tourism-oriented build-operate-transfer (BOT) case.
The contract was signed by Hsieh Wei-chun, chief of the Tourist Bureau's Dapeng Bay National Scenic Area Administration under the Ministry of Transportation and Communications, and Dapeng Bay International Investment Chairman Pan Chung-kuang, with Tourism Bureau Director-General Su Chen-tien, as well as acting Pingtung Magistrate Wu Ying-wen, witnessing the ceremony.
The Dapeng Bay development project, covering a 257-hectare region made up of wetland, lagoon and sea water, is Taiwan's largest BOT investment in terms of the area scale and investment, while it also contains the most multi-dimensional development packages, according to the Tourism Bureau.
Tourism officials said the projects will be carried out in two stages, with the first stage focusing on the construction of a marina and port zone facilities, including a fisherman's wharf ...
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Source: HighBeam Research, TAIWAN SIGNS US$321.57 MLN DEAL TO DEVELOP TOURIST SITE.