Infrastructure plan to cost no more than NT$1 trillion: Cabinet

2017/03/16 19:16:49 fontsize-small fontsize-default fontsize-big
Infrastructure plan to cost no more than NT$1 trillion: Cabinet

Taipei, March 16 (CNA) The government's "forward-looking infrastructure development plan" will cost a maximum of NT$1 trillion (US$32.64 billion) over eight years and create 40,000 to 50,000 jobs, a Cabinet spokesman said on Thursday.

The plan will cover five categories of infrastructure: rail transport, water environment, green energy, digital development and urban-rural development, according to Hsu Kuo-yung (徐國勇).

The draft for a special statute governing the plan will be submitted to the Legislative Yuan for review after it is approved by the Cabinet, which is expected on March 23, Hsu said.

The Cabinet hopes a special budget bill for the plan will clear the Legislature during the current legislative session so execution can start in August, he added.

(By Ku Chuan and Y.F. Low)
ENDITEM/AW


Share on Facebook  Share on twitter  Share by email  Share on Google+
Top