The Taipei City Government has approved the resumption of construction on Taipei 101 -- formerly known as the Taipei Financial Center -- over three months after a powerful earthquake detached two tower cranes from their mounts, causing them to hurtle to the ground killing five people.
The Bureau of Labor Affairs and the Public Works Department of the city government issued the notice, permitting full resumption of construction on all floors on June 28 and July 3, respectively.
PHOTO: TAIPEI 101
Permission to resume building on floors from B5 to 23 was granted on May 15, although building restrictions have reportedly cost the company NT$800 million, which are expenses related to workers' wages, insurance premiums and other costs associated with keeping the project going. The figure does not include the cost of reparing the damage caused by the quake.
Construction was halted on March 31 when the earthquake, measuring 6.8 on the Richter scale, sent the two cranes perched on the 56th floor plummeting to earth.
According to Terry Shen (沈雲飛), vice president of the tower's builder -- the Taipei Financial Center Corp (台北金融大樓公司) -- two new cranes are being built in a joint venture between Japan's Nippon Steel and Taiwan's China Steel Corp (中鋼).
The new cranes, which will replace toppled cranes No. 2 and No. 4, will have specially reinforced masts that will be able to withstand strong quakes like the one on March 31, Shen said.
Shen said that the new cranes will have special pin-strengthened masts which are the same as those used in cranes in No. 1 and No. 3 -- which stayed in position during the earthquake.
"The pin-system is much stronger, as was seen during the quake when the other cranes didn't fall," Shen said.
The differences between the four cranes don't stop there. Cranes No. 1 and No. 3 were virtually custom-made for use on the project, while cranes No. 2 and No. 4 had already been used previously in Hong Kong, Shen said.
"The parts and elements are expected to arrive in mid-August and installation will begin in September. There will therefore be no significant progress on the steel structure above the 56th floor until September," according to a company statement.
The city government is currently examining reports submitted by Taipei Financial's main contractor, KTRT, on what caused the crane masts to fail during the temblor. KTRT is formed by Kumagai Gumi, Taiwan Kumagai, RSEA Engineering Corporation (
The report also includes a study of the accident and the safety of the building structure by the Taipei Structural Engineers Association and of tower crane enhancement, conducted by National Taiwan University's Center of Earthquake Engineering Research (CEER).
No decision has been made on whether professional misconduct or criminal negligence were factors in the tragedy.
Taipei 101 is scheduled for completion by 2004.
The biggest single shareholder in what is to be world's tallest building is China United Trust & Investment Corp (中聯信託) -- which has a 20 percent stake. The next leading shareholder is the China Development Industrial Bank (中華開發銀行). The most important anchor tenant of the facility will be the Taiwan Stock Exchange (證交所), which will occupy about seven floors in the building, or about 6,000 pings.
SECOND-RATE: Models distilled from US products do not perform the same as the original and undo measures that ensure the systems are neutral, the US’ cable said The US Department of State has ordered a global push to bring attention to what it said are widespread efforts by Chinese companies, including artificial intelligence (AI) start-up DeepSeek (深度求索), to steal intellectual property from US AI labs, according to a diplomatic cable. The cable, dated Friday and sent to diplomatic and consular posts around the world, instructs diplomatic staff to speak to their foreign counterparts about “concerns over adversaries’ extraction and distillation of US AI models.” Distillation is the process of training smaller AI models using output from larger, more expensive ones to lower the costs of training a powerful new
Micron Technology Inc is a driving force pushing the US Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the matter. A US House of Representatives panel yesterday was to vote on the “MATCH Act,” a bill designed to close gaps in restrictions on chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on US companies like Lam Research Corp and Applied Materials Inc. The bill targets facilities operated by China’s ChangXin Memory Technologies Inc
Singapore-based ride-hailing and delivery giant Grab Holdings’ planned acquisition of Foodpanda’s Taiwan operations has yet to enter the formal review stage, as regulators await supplementary documents, the Fair Trade Commission (FTC) said yesterday. Acting FTC Chairman Chen Chih-min (陳志民) told the legislature’s Economics Committee that although Grab submitted its application on March 27, the case has not been officially accepted because required materials remain incomplete. Once the filing is finalized, the FTC would launch a formal probe into the deal, focusing on issues such as cross-shareholding and potential restrictions on market competition, Chen told lawmakers. Grab last month announced that it would acquire
The artificial intelligence (AI) boom has triggered a seismic reshuffling of global equity markets, with Taiwan and South Korea muscling past European nations one by one. With its stock market now valued at nearly US$4.3 trillion, Taiwan surpassed the UK, Europe’s biggest market, earlier this month, data compiled by Bloomberg showed. South Korea is about US$140 billion away from doing the same. The tech-heavy Asian markets have shot past Germany and France in the past seven months. The shift is largely down to massive gains in shares of three companies that provide essential hardware for AI: Taiwan Semiconductor Manufacturing Co (TSMC, 台積電),