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Taiwan may open to China construction firms

TAIPEI, Taiwan -- Taiwan may have no choice but to open its doors to real estate business from mainland China, under the free trade regulations of the World Trade Organization (WTO), Vice Minister of the Interior Lin Chung-sen said yesterday.

Fielding questions in the Legislative Yuan Internal Administration Committee on whether the government would allow mainland Chinese construction companies to initiate business operations in Taiwan, Lin said Taiwan is a WTO member and such matters should be handled based on the WTO stipulations of equality and reciprocity.

However, Yeh Shih-wen, director-general of the Construction and Planning Administration under the Ministry of the Interior, said at the interpellation session that although Taiwan will have to observe WTO regulations, the issues of whether Taiwan should open its doors to Chinese contractors and how it should do so have never been finalized.

“When we start planning in that direction, we will certainly consider the unemployment implications and make sure that the interests of Taiwan’s construction sector would not be compromised by the ingress of Chinese developers into the Taiwan market,” Yeh said.

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