The performance of private participation in public infrastructure for the first half of this year (2024) has been released! With the joint efforts of various agencies, 56 contracts for the promotion of private participation (PPP) projects have been signed, with a private investment amount of NT$71.1 billion. Among these, 33 projects were administrated by the Act for Promotion of Private Participation in Infrastructure Projects (PPIP Act) with a contract amount of NT$19.9 billion, representing an increase of over 60% compared to the same period last year. The signed projects include "The ROT+BOT Project for the Long-term Care Living District in Gushan District, Kaohsiung City" and "The Green Energy Sustainable Circulation Center BOT Project in Chiayi City," which meet social needs such as long-term care and environmental pollution prevention facilities. This indicates that various agencies are actively combining private sector forces, gradually expanding the categories and scope of public construction from the previously common parking lots, sports centers, and cultural and educational facilities to create a better living environment.
Looking ahead to the second half of this year and the first half of next year (2025), PPP opportunities still have immense potential. The Ministry of Finance has compiled 76 projects, including agriculture and resource recycling, environmental pollution prevention, long-term care, and medical facilities, with private investment of over NT$130 billion from various agencies. The 2024 Taiwan PPP Investment Convention is scheduled to be held on the 2nd floor of HNBK International Convention Center, on Tuesday, July 23, 2024, to connect investors and institutions. Domestic life insurance companies are warmly invited to participate in facilitating private capital into domestic public infrastructure.
The Ministry of Finance stated that in line with the implementation of the new Promotion of Private Participation 2.0 (PPP 2.0), multiple administrative guidelines have been issued in the first half of this year to further assist the organizing agencies in handling promotion cases more smoothly. These guidelines include the "Full Life Cycle Operation Manual (Preliminary Work and Investment Promotion Stages)," "Sample Investment Promotion Documents," "Financial Assessment Guidelines for Promotion Cases," and so on. It is expected that with the guidance of these related documents, agencies will improve the quality and thoroughness of promotion operations, achieving fruitful outcomes for the government, industry, and the public.
We sincerely invite all sectors to participate in the 2024 Investment Promotion Conference. For more event registration information, please visit the website of the Ministry of Finance’s Promotion of Private Participation (https://ppp.mof.gov.tw/WWWE/index.aspx).
Press release contact: Section Chief Huang, Chien-Chin and Chen, Tzu-Wen
Tel: (02) 2322-8460, (02)2322-8214