NextSharkNextShark.com
Latest Newsletter🍵 Ming-Na Wen honoredRead

Article

Business
Taiwan
Travel

$2 billion Taipei Twin Towers aims to boost tourism

Khier Casino

Khier Casino

November 11, 2022

  • Construction of the Taipei Twin Towers is now underway with an aim to revitalize the local tourist industry in Taiwan.

  • Plans to build two skyscrapers by Taipei Main Station were announced by Taipei City Mayor Ko Wen-je and Hsu Kun-tai, chairman of Taiwanese computer maker Clevo Co., in December 2019.

  • One of the towers will have 74 stories, while the other building will hold 55 stories.

  • The space is expected to take up 31,728 square meters and a total floor area of 561,850 square meters.

  • The Department of Rapid Transit Systems estimates the Taipei Twin Towers will generate an estimated 16,000 jobs as well as more than $3.2 billion for the city.

Asian America Daily - in under 5 minutes

Get our collection of Asian America's most essential stories, to your inbox daily, for free!

Unsure? Check out our Newsletter Archive

Construction of the Taipei Twin Towers is now underway with an aim to revitalize the local tourist industry in Taiwan.

Plans to build two skyscrapers by Taipei Main Station were announced by Taipei City Mayor Ko Wen-je and Hsu Kun-tai, chairman of Taiwanese computer maker Clevo Co., in December 2019, Taiwan News reported.

The station serves as a connection between the city’s railways, airport lines and metro networks, with an estimated 500,000 people traveling in and out daily.

One of the towers will have 74 stories, while the other building will hold 55 stories. The space is expected to take up 31,728 square meters and a total floor area of 561,850 square meters.

The project is expected to finish by 2027 and will cost $1.94 billion. The design will be complete with offices, hotels, restaurants, shopping malls, galleries and gardens. 

The Department of Rapid Transit Systems estimates the Taipei Twin Towers will generate an estimated 16,000 jobs as well as more than $3.2 billion for the city.

Breaking ground on the new project proved difficult as the Taiwanese government rejected Hong Kong-based Nan Hai Corp.’s bid in June 2019 because of its close ties with China. 

Clevo and its affiliate the Hongwell Group eventually won the bid for the project, according to Taiwan News.

 

Featured Image via Taipei Twin Towers

Support our Journalism with a Contribution

Many people might not know this, but despite our large and loyal following which we are immensely grateful for, NextShark is still a small bootstrapped startup that runs on no outside funding or loans.

Everything you see today is built on the backs of warriors who have sacrificed opportunities to help give Asians all over the world a bigger voice.

However, we still face many trials and tribulations in our industry, from figuring out the most sustainable business model for independent media companies to facing the current COVID-19 pandemic decimating advertising revenues across the board.

We hope you consider making a contribution so we can continue to provide you with quality content that informs, educates and inspires the Asian community. Even a $1 contribution goes a long way.  Thank you for everyone's support. We love you all and can't appreciate you guys enough.

Support NextShark

Mastercard, Visa, Amex, Discover, Paypal