Taiwan Infrastructure Report Q4 2009

Executive Summary ......................6
Market Overview............................7
Taiwan ............................................ 7
Global Overview ............................9
Governments To The Rescue: The Global Surge In Infrastructure Spending................................................ 9
Table: Infrastructure Stimulus Plans List.......................................... 10
SWOT Analysis............................16
Taiwan Infrastructure Industry SWOT.............................................. 16
Taiwan Political SWOT........... 17
Taiwan Economic SWOT........ 18
Taiwan Business Environment SWOT.............................................. 19
Major Infrastructure Developments And Key Projects......................20
Transport Infrastructure Overview......................................................... 20
New And Ongoing Projects ..... 21
Airports.................................... 21
Ports......................................... 22
Road Networks ........................ 24
Rail .......................................... 25
Table: Taiwan – Major Projects – Transport..................................... 28
Energy And Utilities Infrastructure Overview ....................................... 30
New And Ongoing Projects ..... 33
Power Plants And Transmission Grids.............................................. 33
Water ....................................... 34
Table: Taiwan – Major Projects – Utilities & Energy....................... 35
Construction Overview................. 37
New And Ongoing Projects ..... 38
Residential Construction.......... 38
Commercial Construction ........ 39
Industrial Construction ............ 40
Table: Taiwan – Major Projects – Construction................................ 41
Industry Forecast Scenario........42
Table: Economic And Construction Data ......................................... 42
Forecast ................................... 42
Business Environment ...............44
Asia Pacific Infrastructure Business Environment Ratings ............... 44
Table: Regional Infrastructure Business Environment Ratings .......... 48
Limits Of Potential Returns ..... 48
Risks To Realisation Of Potential Returns........................................ 49
Project Finance Ratings: Outlook For Asia Pacific................................ 50
Table: Design And Construction Rating ........................................... 53
Table: Commissioning And Operating Rating .................................. 54
Table: Overall Project Finance Rating.............................................. 56
Legal Framework.......................... 57
Labour Force................................. 57
Foreign Direct Investment ............ 58
Tax Regime................................... 60
Macroeconomic Outlook .............62
Table: Taiwan - Economic Activity.................................................. 64
Political Outlook..........................65
Domestic Politics ..................... 65
Foreign Policy.......................... 66
Company Monitor........................69
Kung Sing Engineering............ 69
BES Engineering ..................... 71
Officers and directors ............ 71
Cathay Real Estate Development...................................................... 73
CTCI Corp ............................... 74