New Taipei City wins award for attracting over $200 billion NT in private investment over 8 years

New Taipei City has been recognized by Taiwan's Ministry of Finance with the "Investment Promotion Excellence Award" for its success in attracting private capital for public infrastructure projects. The city secured 110.5 billion New Taiwan dollars in private investment for the fiscal year 2025, highlighting its robust economic development strategies.

Under Mayor Hou Yu-ih, New Taipei City has actively pursued diverse public construction projects. Over the last eight years, the city has successfully integrated over 130 private participation projects, accumulating more than 200 billion NT dollars in investment. A significant portion of last year's investment, 84.5 billion NT dollars, came from the "New Taipei Circular Line's Yatians Station and Southern Depot MRT Development Project." This project combines transit-oriented development with residential, commercial, and office spaces, aiming to revitalize the Xindian district.

At the Ministry of Finance's investment promotion conference, the city unveiled ten new MRT development projects, focusing on areas around the New Taipei Circular Line, Tucheng-Shulin Line, and Sanxia-Yingge Line. Additionally, the city is targeting the "New Taipei International AI+ Smart Park Investment Project" to foster an AI industry cluster in Linkou and upgrade the area's industrial capabilities. Another project, the "Tamsui Fisherman's Wharf Station Parking Lot BOT Project" for the Tamsui Light Rail, aims to integrate tourism and transportation functions, capitalizing on the new Tamsui-Xingang Bridge.

New Taipei City's efforts in facilitating private investment in public construction have been consistently recognized, earning a "Special Excellence" award from the Ministry of Finance for three consecutive years. The city is also developing transportation hubs, such as the "Xinzhuang North Side Knowledge Industry Park Transfer Station and Parking Lot BOT Project," which will serve as a major transit nexus. Furthermore, the city is upgrading its public sports facilities, with plans to build additional centers to meet growing demand.

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New Taipei City has actively promoted diversified public construction projects, successfully introducing more than 130 private participation projects over eight years, with a cumulative investment amount of over 200 billion yuan.