The Ministry of Finance held the "2024 Taiwan PPP Investment Convention" this afternoon (July 23, 2024) at the HNBK International Convention Center, releasing 76 Promotion of Private Participation (PPP) projects of the public infrastructure nationwide, with an investment amount exceeding NT$130 billion. This effectively conforms to Executive Yuan's recent discussion on the "Major Programs for Investing in Taiwan" and the insurance industry's investment in Taiwan's public infrastructure. Chen Chin-de, Minister without Portfolio of Executive Yuan, attended the conference and stated that the Executive Yuan, following President Lai's governance blueprint, is committed to promoting the "National Project of Hope." This includes investment projects from various agencies such as long-term care services, reclaimed water, and resource recycling. These projects are part of the "National Project of Hope," which focuses on expanding medical investment, green growth, and the 2050 Net Zero Transition. Private participation in public infrastructure can improve service efficiency and quality and inject innovative and diverse solutions into the projects. The private sector is invited to participate in the investment and work with the government to strengthen the national power. Chuang Tsui-Yun, Minister of the Ministry of Finance, stated that the theme of this year's investment promotion convention is "Public Private Partnership for a Better Taiwan (公司協力 全民受益)." A total of 20 agencies participated, with business opportunities totaling NT$132.6 billion. Key projects include the Taipei City Xiushan Long-Term Care Park BOT Project by the Taipei City Government (private investment amount NT$3.425 billion), the Tainan Industrial Park Reclaimed Water BTO Project by the Ministry of Economic Affairs (NT$230 million), the Build-Operate-Transfer (BOT) and Reconstruction-Operate-Transfer (ROT) for estate intended for environmental protection facilities in Tainan’s Liouying Technology and Environmental Industrial Park by the Tainan City Government (NT$700 million), the Preparatory Work and Performance Supervision Management Plan for the Build-Transfer-Operate (BTO) Project of the Integrated Resource Utilization and Co-treatment Center for livestock manure in Changhua County by the Changhua County Government (NT$319 million), the Promoting Participation in Nantou County Organic Waste Resource Recycling Center BOT Project by the Nantou County Government (NT$500 million), and the OT Project of Processing and Cold Chain Center in Yan-Pu Dong-Gang Fisher Harbor by the Ministry of Agriculture (NT$68 million). These projects cover "Health and Welfare and Medical Facilities," "Sewerage and Water Resources Facilities," and "Agriculture and Resource Recycling Facilities," and demonstrate that private participation in public infrastructure has increasingly played an important role in improving people's life quality in recent years. In the previous year (2023), under the efforts of central and local governments, private participation in public infrastructure reached 100 projects with an investment amount of NT$187.6 billion, the third highest in the past decade! Minister without Portfolio Chen was specially invited to present the "PPP Distinguished Award" and other awards at the convention. A total of 22 institutions received honors. In the first half of this year (2024), 56 projects of private participation in public infrastructure were signed. The investment amount totaled NT$71.1 billion. Among them, there were 33 PPP projects with a contracting amount of NT$19.9 billion, an increase of more than 60% compared to the same period of the previous year, showing a significant warming. To further present the business opportunities to all sectors, the Ministry of Finance invited five agencies, including the Ministry of Agriculture, to introduce key projects. For more information, please check the MOF PPP iMap (https://ppp.mof.gov.tw/WWW/index.aspx). The 2024 Taiwan PPP Investment Convention received enthusiastic participation and lively interaction from all sectors, with more than 500 people attending and visiting the investment booths on-site to support PPP towards "Public Private Partnership for a Better Taiwan (公私協力 全民受益)." Press Release Contact: Chen Tzu-Wen, Section Chief of the MOF Tel: (02) 2322-8214

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