Public Urban Renewal Project in Kaohsiung's Qianjin District Signed to Meet Needs of Asian Asset Management Center

A public urban renewal project in Kaohsiung's Qianjin District was signed on the 29th. The project is located southwest of MRT Qianjin Station, and Chun Fu Construction will invest NT$5 billion to build a mixed-use residential and office complex. Kaohsiung Deputy Mayor Lin Chin-jung stated that this will be a key hub to meet the needs of financial talent for the 'Asian Asset Management Center' Kaohsiung zone promoted by the Financial Supervisory Commission. Through this development, the city expects to recover at least NT$2.3 billion in rights value, which will be used for MRT construction costs. The upper floors will be used for high-end housing, while the lower floors will serve as offices for banks and financial institutions.