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Demand for warehouses and logistics facilities has spiked in the past few years, aided by booming online shopping and port congestion amid the COVID-19 pandemic, Colliers International Taiwan said yesterday.
The past three years have seen 22 major transactions of warehouses and logistics facilities valued at NT$29.94 billion (US$1.05 billion) and covering 209,100 ping (690,030m2), the size of 2.3 Daan Forest Parks in Taipei, the property broker said.
Colliers Taiwan managing director Andrew Liu (劉學龍) identified three investment approaches in warehouses and logistics facilities, namely by taking up the role of landlords, service providers and operators.
Cathay Life Insurance Co (國泰人壽) and Chunghwa
Maintaining a stable power supply is one of the most significant challenges the Ministry of Economic Affairs and Taiwan Power Co (Taipower) face this year, as the nation’s power usage is expected to rise much faster than anticipated. Meanwhile, demand for smart power distribution is rising as more independent suppliers join the power network following a regulatory easing last year.
The ministry in its latest forecast said that Taiwan’s power consumption would climb 2.5 percent annually over the next few years, rather than the 1.84 percent it previously forecast, mainly because of rising demand from industrial users. That does not factor