Department of Rapid Transit Systems

MRT land development is similar to private joint construction. It is through changing the urban planning procedure that the landowners within the designated "MRT development zone" provide their land, and the competent authority (Taipei City Government) solicits investors (builders) to invest in the construction of joint development buildings in accordance with the procedures, and uses part of the landowner's land to build MRT facilities. However, the space used for the MRT facilities is excluded from floor area ratio calculations. In order to encourage the public to participate in MRT land development, the land provided for the construction of MRT facilities may be granted increased floor area ratios (including MRT land development incentives and urban planning incentives). In this way, in addition to the original buildable floor area (that is, it will not affect their original rights and interests), the landowner can also share the bonus floor area with the government. It is another way for the government to acquire land for the construction of a rapid transit system, in addition to general expropriation. It can effectively utilize land resources, promote urban development, and improve the regional environment and landscape. When landowners participate in the development, their land does not have to be expropriated, and they can share the benefits of effective land use and improve living environment and obtain development profits. As for investors, they can obtain reasonable profits through this investment and development project, so it is actually a win-win-win approach.