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Taipei Main Station District Parcel C1/D1 (the Eastern Part) Land Development Project -- Taipei DORTS Conducts Rigorous Review in Accordance with Laws

On March 31, 2018, there was a formal global announcement that investors were being sought for the C1/D1 land development project with tender closing on October 1. In the rigorous implementation of the selection process, Taipei City Department of Rapid Transit Systems (DORTS) upheld the principles of fairness, justice, and openness. Furthermore with assistance from Professional Services Consultant Jones Lang LaSalle, IP, Inc., Taipei City Department of Government Ethics and “Platform against Corruption” jointly inspected the qualification review which was completed in late November.
On the 14th of this month, a selection committee comprised of 17 members smoothly completed the review of the specifications (development proposal), and after the specification review results are formally approved by Taipei City Government they will be openly available on the official website of the department. In late December at the earliest, the price bidding will be opened and the optimal applicant will be selected for goodwill, finance, and development.
DORTS stated that opening bidding for the recruitment of investors for the C1/D1 land development project will proceed in three stages for qualification, specifications and prices. CLEVO Group and Nan Hai Development Limited are two groups of applicants with qualifications in the financial and development management capacity and both have considerable strength and experience and are integrated with international professional teams for the joint planning of this development case to build a national portal as a development vision for capital landmarks.
After the results of the specification review are officially approved by Taipei City Government, they will be openly available on the official website of the department. It is estimated that the third stage of price comparison for this development project will be completed as soon as the end of December, and the optimal applicant will be selected. At the end of March 2019, the city government is scheduled to sign an investment contract with the top applicant.