As the new Private Investment Act was promulgated in March 2016, government ministries and local governments, which were unable to build public buildings in a timely manner due to poor financial conditions, are striving to reduce investment costs thro...
As the new Private Investment Act was promulgated in March 2016, government ministries and local governments, which were unable to build public buildings in a timely manner due to poor financial conditions, are striving to reduce investment costs through investment by private businesses and expand public offices and convenience facilities at the right time.
In fact, the Act allowed a composite development method between public facilities to facilitate rational use of land and those capable of generating revenues from investment by private businesses, but the lack of information and lukewarm attitude of local governments was a very small number of cases of complex development of public buildings.