Taiwan’s government has mapped out a massive forward-looking infrastructure project to boost the economy. The project includes a NT$50 billion (US$1.63 billion) green energy plan.
Economics Minister Lee Chih-kuang spoke on Monday about the green energy plan, which will be submitted in a Cabinet meeting on Thursday. The green energy plan, along with other energy plans in the project, is expected to generate returns worth NT$3 trillion (US$98.3 billion) in the next ten years.
The green energy plan encompasses many different components, dealing with everything from solar energy to creating a green energy city in Tainan.
Lee said the government is also planning to spend NT$250 billion (US$8.1 billion) on water-related projects.