Central News Agency
2010-04-28 12:00 AM
Hon Hai's distribution subsidiary, Cybermart Worldwide Co., beat out four other companies, including Clevo Co., which was named the alternate bidder, and Lemel, Taiwan's leading information product distributor, to gain the upper hand in clinching the project.
Taipei's Department of Finance said it chose Cybermart Worldwide because of its proposal that stressed Taipei could not be left out of the global technology network, and because of the backing provided by the Hon Hai Group's deep resources.
The operator of the BOT project will have the right to operate the park for 50 years.
The planned complex, to be situated on a 2,686-ping lot (8,864 square meters) , is expected to include a 3C shopping mall, brand product shop, and multi-functional exhibition hall.
Other planned facilities in the park, expected to be opened in March 2014, include a state-of-the-art technology exhibition center, digital entertainment zone, and business cultivation center.
Hon Hai Chairman Terry Gou also promised to set up a NT$200 million fund to encourage young people to participate in international information design contests and promote cooperation between Taiwan's universities and their foreign counterparts, the department added.
The city expects the BOT project will draw NT$3.7 billion in private investment and create 1,500 new jobs in the next few years, while contributing an estimated NT$7 billion in sales and income tax revenues to central government coffers during the 50-year concession period.
The BOT project is the second-phase of the local government's ambitious plan to build an "Akihabara electric town" in the capital city. Akihabara is an area of Toyko that is known for 3C electronics, animation, manga and video games.
Commenting on his company's runner-up finish, Clevo Chairman Kent Hsu said he was very disappointed.
After successfully opening the Buynow shopping mall chain in China, which retails 3C information-related products, Hsu said he wanted to use their know-how to build a successful shopping center along the same lines in Taiwan.