Mitsui investment lock residential compound housing

Mitsui investment lock residential compound housing

Following the construction of the OUTLET Shopping Mall in Linkou, New Taipei City, Japanese Merchant Mitsui Real Estate plans to develop compound residential buildings with residential and commercial facilities in Taiwan, and will initially target the Greater Taipei Capital area for investment.

Yesterday, the Ministry of Economic Affairs signed a letter of intent (LOI) with Mitsui Real Estate Co., Ltd., signed by Qiu Yiche, Director of Investment Operations, and Hiro Tezuka, General Manager of Mitsui Real Estate Co., Ltd.

Hiro Takazuka revealed that according to the company's plan, it plans to invest 500 billion yen globally by 2017. This time, in view of Taiwan's high level of national water income and sound infrastructure, it chose to invest in Taiwan.

As for the future investment plan in Taiwan, Hirozuka Hiro pointed out that the plan to invest in residential and commercial composite residential buildings in Taiwan will initially target Taipei City, New Taipei City, and Taoyuan County in the northern capital circle, but it is still at the stage of collecting data.

When asked by the media about the amount of investment planned in Taiwan, Hirozuka believes that it still depends on the condition of the building objects. As Mitsui is expected to invest 500 billion yen globally by 2017, he expressed the hope that he can invest more in Taiwan.

However, it is understood that the Ministry of Economic Affairs intends to strive for at least 1 / 3 of the 500 billion yen investment to remain in Taiwan.

Following Mitsui Real Estate, Qiu Yiche revealed that early next year, another Japanese businessman engaged in sewage treatment in the ESCO environmental protection service industry will also come to Taiwan to invest.

He mentioned that when the Investment Office formed a mobile investment delegation to Japan in early January and February, many Japanese businessmen expressed to him that with the improvement of cross-strait relations, Japanese businessmen thought that they could jointly advance the development of the mainland through cooperation with Taiwan businessmen, and felt that Japanese businessmen had expectations for the follow-up agreements on trade in services and goods under the Cross-Strait Economic Cooperation Framework Agreement (ECFA) and Taiwan's free economic demonstration zone.