TW Biz News｜WK 08/25 - 08/31

Every week, we'll select Taiwan's five business news from the previous week for your review.

---

• 〔Taiwan News〕New Taipei Sanying MRT to transform daily commute into cultural corridor

TAIPEI (Taiwan News) — The Sanying Mass Rapid Transit line in New Taipei is on track to open next year, bringing with it a celebration of art and local culture woven into the daily commute. Each of the line’s 12 stations will feature site-specific public artworks, a concept New Taipei Mayor Hou Yu-ih (侯友宜) on Thursday described as turning the new MRT into a “mobile art museum.” The initiative is designed to reflect the city’s identity while offering commuters a gallery-like experience as they move through their day.

• 〔Taiwan News〕Taiwan approves Tourism 2030 plan

TAIPEI (Taiwan News) – The National Development Council on Thursday approved the Tourism 2030 plan submitted by the Ministry of Transportation to boost visitor numbers. The plan sets out to attract more overseas visitors, to boost daily spending by travelers, and to turn tourism into a NT$1 trillion (US$32.77 billion) industry by 2030, per CNA. The Tourism 2030 plan still requires approval from the full Cabinet.

• 〔Taiwan News〕TSMC to starting building 1.4 nm fab in Taichung in October

TAIPEI (Taiwan News) — TSMC is expected to break ground in October on a 1.4 nm fab, the first of four chip facilities in the Central Taiwan Science Park. In June, TSMC acquired land for the second phase of the science park's expansion in Taichung, per Liberty Times. Local cement and construction companies have since begun receiving tender invitations for related projects.

• 〔Taiwan News〕Vietnam National Day reception in Taipei highlights strengthening ties

TAIPEI (Taiwan News) — Vietnam marked its National Day with a reception in Taipei on Friday, highlighting its deepening links with Taiwan. The celebration commemorated Sept. 2, 1945, when former President Ho Chi Minh declared the country’s independence. Guests at the event were treated to Vietnamese cuisine, performances of the national anthem, and traditional music, while many Vietnamese attendees wore ao dai, the country’s iconic traditional dress, adding to the vibrant atmosphere.

• 〔CommonWealth Magazine〕 Beacon of Art and Culture of Taiwan – Paul Chiang Art Centre, Taitung County

This article introduces the Paul Chiang Art Centre, located in Taitung, Taiwan, which is a rising icon of the art and culture scene in Taiwan. Paul Chiang is an internationally-renowned abstract artist, and this center, which he designed, reflects the creativity and innovation that has characterized his career.