The Executive Yuan is considering a proposal to set up a special zone for petrochemical companies in Greater Kaohsiung in the wake of the deadly gas pipeline explosions that rocked the city on July 31 and Aug. 1, an official confirmed yesterday.
Premier Jiang Yi-huah (江宜樺) is to meet with Ministry of Economic Affairs officials next week to discuss the issue, Cabinet spokesman Sun Lih-chyun (孫立群) said.
While confirming that the premier was briefed on the proposal earlier this week, Sun said there has been no decision on whether to adopt the plan.
According to a story in the Chinese-language United Daily News yesterday, the plan involves relocating existing petrochemical complexes in Greater Kaohsiung to a place in the port area to avoid having underground pipelines runnign through the city’s residential areas.
Under the plan, the government would reclaim 400 hectares in the waters off the city’s Siaogang District (小港) to build a special zone for petrochemical plants, which are currently scattered around the city.
The project would cost an estimated NT$50 billion (US$1.67 billion) and is likely to be completed in 2017, the paper said.
The petrochemical industry in the city has been under scrutiny after last month’s deadly explosions, which are believed to have been caused by a propylene leak in an underground pipeline owned by LCY Chemical Corp (李長榮化學).
With an annual output of more than NT$900 billion (US$30 billion), the petrochemical industry accounts for nearly a quarter of the city’s industrial output, government data show.
More than 200,000 of the city’s 2.77 million residents are directly or indirectly employed in the petrochemical industry.
However, the government’s plan to set up a new industrial zone for petrochemical companies is likely to face stiff opposition in Siaogang.
Greater Kaohsiung Mayor Chen Chu (陳菊) yesterday said any plan to build a special petrochemical zone needs to be discussed with the city’s residents.
The top priority at present is to ensure safety in existing pipelines owned by the many petrochemical companies in the city, she said.
Taiwan is projected to lose a working-age population of about 6.67 million people in two waves of retirement in the coming years, as the nation confronts accelerating demographic decline and a shortage of younger workers to take their place, the Ministry of the Interior said. Taiwan experienced its largest baby boom between 1958 and 1966, when the population grew by 3.78 million, followed by a second surge of 2.89 million between 1976 and 1982, ministry data showed. In 2023, the first of those baby boom generations — those born in the late 1950s and early 1960s — began to enter retirement, triggering
ECONOMIC BOOST: Should the more than 23 million people eligible for the NT$10,000 handouts spend them the same way as in 2023, GDP could rise 0.5 percent, an official said Universal cash handouts of NT$10,000 (US$330) are to be disbursed late next month at the earliest — including to permanent residents and foreign residents married to Taiwanese — pending legislative approval, the Ministry of Finance said yesterday. The Executive Yuan yesterday approved the Special Act for Strengthening Economic, Social and National Security Resilience in Response to International Circumstances (因應國際情勢強化經濟社會及民生國安韌性特別條例). The NT$550 billion special budget includes NT$236 billion for the cash handouts, plus an additional NT$20 billion set aside as reserve funds, expected to be used to support industries. Handouts might begin one month after the bill is promulgated and would be completed within
The National Development Council (NDC) yesterday unveiled details of new regulations that ease restrictions on foreigners working or living in Taiwan, as part of a bid to attract skilled workers from abroad. The regulations, which could go into effect in the first quarter of next year, stem from amendments to the Act for the Recruitment and Employment of Foreign Professionals (外國專業人才延攬及僱用法) passed by lawmakers on Aug. 29. Students categorized as “overseas compatriots” would be allowed to stay and work in Taiwan in the two years after their graduation without obtaining additional permits, doing away with the evaluation process that is currently required,
NO CHANGE: The TRA makes clear that the US does not consider the status of Taiwan to have been determined by WWII-era documents, a former AIT deputy director said The American Institute in Taiwan’s (AIT) comments that World War-II era documents do not determine Taiwan’s political status accurately conveyed the US’ stance, the US Department of State said. An AIT spokesperson on Saturday said that a Chinese official mischaracterized World War II-era documents as stating that Taiwan was ceded to the China. The remarks from the US’ de facto embassy in Taiwan drew criticism from the Ma Ying-jeou Foundation, whose director said the comments put Taiwan in danger. The Chinese-language United Daily News yesterday reported that a US State Department spokesperson confirmed the AIT’s position. They added that the US would continue to