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.
DAMAGE REPORT: Global central banks are assessing war-driven inflation risks as the law of unintended consequences careens around the world, spiking oil prices Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. The US Federal Reserve is widely expected to do exactly what everyone anticipated weeks ahead of its March 17-18 policy gathering: hold rates steady. The narrative surrounding that
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) share of the global foundry market rose to almost 70 percent last year amid booming demand for artificial intelligence (AI), market information advisory firm TrendForce Corp (集邦科技) said on Thursday. The contract chipmaker posted US$122.54 billion in revenue, up 36.1 percent from a year earlier, accounting for 69.9 percent of the global market, TrendForce said. Its share was up from 64.4 percent in 2024, it said. TSMC’s closest rival, Samsung Electronics, was a distant second, posting US$12.63 billion in sales, down 3.9 percent from a year earlier, for a 7.2 percent share of the global market. In the
At a massive shipyard in North Vancouver, Canadian workers grind metal beams for a powerful new icebreaker crucial to cementing the country’s presence in the increasingly contested arctic. Icebreakers are specialized, expensive vessels able to navigate in the frozen far north. And “this is the crown jewel,” said Eddie Schehr, vice president of production at the Seaspan shipyard. For Canadian Prime Minister Mark Carney, who heads to Norway next Friday to observe arctic defense drills involving troops from 14 NATO states, Canada’s extreme north has emerged as a strategic priority. “Canada is and forever will be an Arctic nation,” he said ahead of
Chinese entrepreneur Frank Gao used to spend long hours running his social media accounts but now outsources the chore to artificial intelligence (AI) agent tool OpenClaw, which is taking China by storm despite official warnings over cybersecurity. OpenClaw, created in November by an Austrian coder, differs from bots such as ChatGPT because it can execute real-life tasks such as sending e-mails, organizing files or even booking flight tickets. “Since January, I’ve spent hours on the lobster every day,” Gao said in an interview, referring to OpenClaw’s red crustacean mascot. “We’re family.” After downloading OpenClaw, users connect it to artificial intelligence models of their