Bureaucracy complicates bids
Article Abstract:
A number of foreign companies in Taiwan claim that bureaucracy hinders the $575 mil liquefied natural gas terminal project to push through. Foreign firms such as Royal Dutch/Shell, France's Total SA and Mobil Corp, which are interested in the project, complain of circuitous processes in bid applications. Taiwan's central government previously managed infrastructure projects which has now been passed on to the county level. Bid applications are passed on from the Ministry of the Interior, the Ministry of Economic Affairs' Industrial Development Bureau, the Energy Commission and the county government as well.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Bureaucracy complicates bids
Article Abstract:
The commercial bidding for construction of Taiwan's second liquefied natural-gas facility is complicated by the country's shift to bureaucratic government. The $575-million project draws significant interest from major foreign oil companies such as Mobil Corp., Royal Dutch/Shell and the France-based Total SA. The natural-gas terminal is also proposed to become part of the Golden Coast commercial and industrial complex in Taoyuan County in Taiwan. The country requires to have another natural-gas facility as its anticipates to increase consumption to 13 million tons a year by 2010.
Comment:
TAIWAN: Commercial bidding for construction of 2nd liquefied natural-gas facility is complicated by the country's bureaucracy
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Keen eye on U.S., China: growth prospects brighten, but fears remain
Article Abstract:
The future looks bright for Taiwanese economy as the peak export season for 1999 is about to begin. The Council for Economic Planning and Development predicts that the country's economic performance will rise in the second half of 1999, based on its composite index of leading indicators. However, the growing tensions with China pose a threat to Taiwan's export industry. Other major concerns are the stability of the US and Chinese economies which are the two largest export markets of Taiwan.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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