the liberalization to the last two items later on

The MOEA began to study the fourth round of liberalization for mainland Chinese investments in July. The highlight of the liberalization will be the lifting of the 50% maximum stake owned by mainland investors in the LED linear high bay light seven key industries, although the MOEA will retain the mechanism for screening investment applications for the seven key industries on a case-by-case basis.

The MOEA plans to lift the restrictions for first five industries before extending the liberalization to the last two items later on.

For public construction items, the Public Construction Commission has decided to permit Chinese mainlanders to invest in hotels and sports facilities. Other items under consideration include desalination, medical care park, agricultural technological park, and agricultural infrastructure.

Taipei city government plans to solicit investment in a multi-purchase realty project in Xinyi planned district, containing such facilities as parking lot, hotel, and department store, via BOT (build-operate-transfer) method. A number of mainland Chinese investors have expressed interest in the LED high bay light project. The city government has suggested relaxing restriction on mainland Chinese investments in realty and leasing.