Construction of a mass rapid transit (MRT) system connecting CKS International Airport and Taipei City is scheduled to be completed in four years and open to public traffic by the end of 2008, the Ministry of Transporta-tion and Communications reported yesterday.
Lee Lung-wen (李龍文), director of the Department of Railways and Highways, denied allegations by some lawmakers that the CKS-Taipei MRT development project will be shelved due to insufficient budget support.
People First Party legislators Liu Wen-hsiung (劉文雄), Lee Hung-chun (李鴻鈞) and Ke Shu-min (柯淑敏) called a press conference yesterday to publicize their claims that the project will be shelved due to lack of budget and controversy surrounding the design of the approach sections.
Lee, however, said the ministry has never said that the project will be postponed, adding that it will be carried out as previously scheduled now that the budget plans for the five-year, NT$500 billion (US$14.7 billion) national development plan -- better known as the "Ten New Major Construction Plans" -- have cleared the legislative floor.
The development of the MRT system -- starting from the Hsimen MRT station and cutting through Sanchung, Wuku, HsinChuang, Taishan and Linkou townships -- calls for an outlay totaling NT$93.56 billion.
Of the total, NT$47 billion is covered under the "Ten New Major Construction Plans," while the remaining NT$46.56 billion will be financed by the ministry's regular annual budget, he said.
Last October, President Chen Shui-bian (陳水扁) said the plans for a MRT system linking the airport with Taipei City would cost the central government NT$82.9 billion in construction costs.
Work will begin as soon as the construction plans, contractors and subcontractors are finalized, said Bureau of Taiwan High Speed Rail Director-General Ho Nuan-hsuan (何煖軒).
The disputed issue on the proposed 35km-project -- whether the approach section entering Taipei City should be built overground or underground -- is still under discussion, Ho said.
The government scrapped a six-year effort to have private contractors construct the rail system on a build-operate-transfer basis in May last year.
TECH PARTNERSHIP: The deal with Arizona-based Amkor would provide TSMC with advanced packing and test capacities, a requirement to serve US customers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is collaborating with Amkor Technology Inc to provide local advanced packaging and test capacities in Arizona to address customer requirements for geographical flexibility in chip manufacturing. As part of the agreement, TSMC, the world’s biggest contract chipmaker, would contract turnkey advanced packaging and test services from Amkor at their planned facility in Peoria, Arizona, a joint statement released yesterday said. TSMC would leverage these services to support its customers, particularly those using TSMC’s advanced wafer fabrication facilities in Phoenix, Arizona, it said. The companies would jointly define the specific packaging technologies, such as TSMC’s Integrated
An Indian factory producing iPhone components resumed work yesterday after a fire that halted production — the third blaze to disrupt Apple Inc’s local supply chain since the start of last year. Local industrial behemoth Tata Group’s plant in Tamil Nadu, which was shut down by the unexplained fire on Saturday, is a key linchpin of Apple’s nascent supply chain in the country. A spokesperson for subsidiary Tata Electronics Pvt yesterday said that the company would restart work in “many areas of the facility today.” “We’ve been working diligently since Saturday to support our team and to identify the cause of the fire,”
China’s economic planning agency yesterday outlined details of measures aimed at boosting the economy, but refrained from major spending initiatives. The piecemeal nature of the plans announced yesterday appeared to disappoint investors who were hoping for bolder moves, and the Shanghai Composite Index gave up a 10 percent initial gain as markets reopened after a weeklong holiday to end 4.59 percent higher, while Hong Kong’s Hang Seng Index dived 9.41 percent. Chinese National Development and Reform Commission Chairman Zheng Shanjie (鄭珊潔) said the government would frontload 100 billion yuan (US$14.2 billion) in spending from the government’s budget for next year in addition
Sales RecORD: Hon Hai’s consolidated sales rose by about 20 percent last quarter, while Largan, another Apple supplier, saw quarterly sales increase by 17 percent IPhone assembler Hon Hai Precision Industry Co (鴻海精密) on Saturday reported its highest-ever quarterly sales for the third quarter on the back of solid global demand for artificial intelligence (AI) servers. Hon Hai, also known as Foxconn Technology Group (富士康科技集團) globally, said it posted NT$1.85 trillion (US$57.93 billion) in consolidated sales in the July-to-September quarter, up 19.46 percent from the previous quarter and up 20.15 percent from a year earlier. The figure beat the previous third-quarter high of NT$1.74 trillion recorded in 2022, company data showed. Due to rising demand for AI, Hon Hai said its cloud and networking division enjoyed strong sales