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(CNA) -- The Taiwanese government will
consider moving its Kuokuang petrochemical project abroad to any country other
than China, according to an economic affairs official Tuesday. Hwang Jung-chiou,
vice minister of the Ministry of Economic Affairs (MOEA), made the remark at a
global technology forum while responding to media inquiries about where the USD
20.74 billion project could be moved to overseas.
China currently bans wholly foreign-owned enterprises from building
naphtha cracking plants within its borders, which is why it is not an option for
the government, explained the vice minister.
Economic Affairs Minister Shih Yen-shiang on Saturday ruled out the
possibility of the Kuokuang project being built in Taiwan, a day after president
Ma Ying-jeou withdrew support for the construction of the complex in central
Taiwan's Changhua county, where it was originally planned.
The investment project has spurred nation-wide protests from students,
environmental and local groups, who were concerned that the project could cause
severe damage to Taiwan's environment and ecology.
mrcplast.com
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