Cooperating Parties |
New Taipei City Government |
Ratio of divided income |
National Property Administration 65%, New Taipei City Government 35% |
Land registration |
3 pieces of national land of land number 381-1, Jienlin section, Linkou District, New Taipei City |
Area |
5.258114 hectares |
Usage Purpose |
Central commercial zone |
Method of release |
Superficies |
Bid winner |
Mitsui Realty, Japan, and newly established Mitsui Outlet Park for contract signing and ensuing operations |
Contract period |
50 years until June 26, 2063 |
Start date of operation |
January 27, 2016 |
Planning philosophy |
The New Taipei City Government, in order to strengthen urban life functions and create a special zone, plans to feature the large commercial center on the national land of the project in the hope of attracting private investment to provide large-scale shopping mall, movie theaters, hotel, sports facility, leisure facility to satisfy the need of regional development, create job opportunities and make Linkou a self-sufficient new town. |
Shining point of the project |
The largest outlet park in Taiwan at the time of opening in 2016 |
Development revenue |
Development royalty, 500 million dollars, with annual land rent of 74.45 million dollars and operation royalty of 4.5% of the revenue |
Investment amount |
5.45 billion dollars |
Economic returns |
885.8 billion dollars |
Job opportunities |
2,000 jobs |
Management cost saving |
13.06 million dollars |
Invisible benefit |
Promote private sector in investment; advance economic activities in the vicinity; create win-win for the local and central government. |