Taipei Times/local media: ‘Love Ferris wheel’ plan fails to attract investors, Han blames Lin Chia-lung (update)

News_Pick12-01

Taipei Times:

Not a single investor has expressed an interest in developing the old port zone at the Port of Kaohsiung, one of the locations considered by the Kaohsiung City Government to implement its “Love Ferris wheel” and shopping mall project, Taiwan International Ports Corp (TIPC) said yesterday.

The project was one of Kaohsiung Mayor Han Kuo-yu’s (韓國瑜) campaign promises as he ran for mayor last year.

It would be built by the Love River (愛河) and feature cars that double as “motel rooms,” he said at the time, adding that it would cost more than NT$10 billion (US$329.85 million at the current exchange rate) and create 3,000 jobs.

However, three of the four locations the city government yesterday offered as options to build the Ferris wheel are not along the river. They are piers Nos. 4 to 8; piers Nos. 16 to 18; and pier No. 21, also known as the old port zone.

The ports company issued a statement after the city accused it of not cooperating in implementing the project and threatened to raise the percentage of funds it would receive from the development of Pier No. 21 from 42 to 52 percent.

“We have been welcoming carriers interested in offering passenger shipping services at the Port of Kaohsiung, as well as tourism and leisure business developers. However, no investor has contacted us to talk about the development plan. We will seek to communicate with the Kaohsiung City Government on this matter,” TIPC said.

Local media headlines (links to Chinese language articles only):

EBC: Transportation bureau blocking love motel ferris wheel? Lin Chia-lung spits back: excuse

Fount Media: Because of the “love motel ferris wheel”, Han slams Transportation bureau. Lin Chia-lung: Don’t pass the buck to others because political promise check bounced

Read full article here:

http://www.taipeitimes.com/News/taiwan/archives/2019/12/16/2003727638

Related Posts