DPP legislators yesterday called for a halt to bidding on construction of parts of Taiwan's fourth nuclear power plant (
"Taipower (Taiwan Power Company,
"The company has only completed 10 percent of construction on the project," Lai said. Taipower claims about 30 percent of the entire project has been completed, of which construction is only one part.
"The company should not have spread misinformation such as this to try to have the project continue," Lai said.
Lai yesterday presented a report to the Executive Yuan to highlight what he called, Taipower's misleading claim that it has completed 30 percent of the project, and called for a review of the island's energy policy.
Taipower's estimate of 30 percent completion of the project includes the various other aspects of the plant aside from construction, including bidding and planning. Actual construction was far from 30 percent complete, Lai said.
"The earlier Taipower gives up the project, the less financial loss to taxpayers," Lai said.
However, Taipower officials said that the company has invested NT$43.4 billion in the project and that to halt the project would be a major loss.
"When assessing the project, legislators should have not have separated the construction part from the bidding and planning parts of the project," Lin Chu-wan (
Lin, who firmly believes the project will be seen through, said Taipower would continue bids worth a total of NT$6 billion on main parts of the construction and the establishment of cooling water channels.
"If we stop the bidding process, which is scheduled be completed in the next two months, the plant will not be finished by the scheduled deadline of July, 2005," Lin said, adding that the project was already 1.5 percent behind schedule due to disruption from strong opposition.
"Dealing with problems resultant from halting the project may be challenging," Lin said, noting that private investment accounts for almost half of the project's total financing.
"Financial loss is one thing, international relations is another," Lin said, adding that canceling the project could hurt Taiwan's image abroad.
The government reportedly chose to buy the nuclear power plant facilities from the US, instead of France or Japan out of consideration for military safety and diplomatic relations and offered above-market prices for facilities to ensure its approval in the Legislative Yuan and US government.
Since March 18, when the DPP's Chen Shui-bian (
PROVOCATIVE: Chinese Deputy Ambassador to the UN Sun Lei accused Japan of sending military vessels to deliberately provoke tensions in the Taiwan Strait China denounced remarks by Japan and the EU about the South China Sea at a UN Security Council meeting on Monday, and accused Tokyo of provocative behavior in the Taiwan Strait and planning military expansion. Ayano Kunimitsu, a Japanese vice foreign minister, told the Council meeting on maritime security that Tokyo was seriously concerned about the situation in the East China and South China seas, and reiterated Japan’s opposition to any attempt to change the “status quo” by force, and obstruction of freedom of navigation and overflight. Stavros Lambrinidis, head of the EU delegation to the UN, also highlighted South China Sea
SILENCING CRITICS: In addition to blocking Taiwan, China aimed to prevent rights activists from speaking out against authoritarian states, a Cabinet department said The Ministry of Foreign Affairs (MOFA) yesterday condemned transnational repression by Beijing after RightsCon, a major digital human rights conference scheduled to be held in Zambia this week, was abruptly canceled due to Chinese pressure over Taiwanese participation. This year’s RightsCon, the world’s largest conference discussing issues “at the intersection of human rights and technology,” was scheduled to take place from tomorrow to Friday in Lusaka, and expected to draw 2,600 in-person attendees from 150 countries, along with 1,100 online participants. However, organizers were forced to cancel the event due to behind-the-scenes pressure from China, the ministry said, expressing its “strongest condemnation”
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, said it expects its 2-nanometer (2nm) chip capacity to grow at a compound annual rate of 70 percent from this year to 2028. The projection comes as five fabs begin volume production of 2-nanometer chips this year — two in Hsinchu and three in Kaohsiung — TSMC senior vice president and deputy cochief operating officer Cliff Hou (侯永清) said at the company’s annual technology symposium in Silicon Valley, California, last week. Output in the first year of 2-nanometer production, which began in the fourth quarter of last year, is expected to
Taiwan’s economy grew far faster than expected in the first quarter, as booming demand for artificial intelligence (AI) applications drove a surge in exports, spilling over into investment and consumption, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. GDP growth was 13.69 percent year-on-year during the January-to-March period, beating the DGBAS’ February forecast by 2.23 percentage points and marking the most robust growth in nearly four decades, DGBAS senior official Chiang Hsin-yi (江心怡) told a news conference in Taipei. The result was powered by exports, which remain the backbone of Taiwan’s economy, Chiang said. Outbound shipments jumped 51.12 percent year-on-year to