The Kaohsiung City Government’s Mass Rapid Transit Bureau held an investment briefing today for the “Houjin Section Government-Led Urban Renewal Project (Lot No. 44 and seven adjacent plots) in Cianjin District.” The project officially opened for private investment on August 8 and attracted participation from more than 20 companies. Located within the “Asia Asset Management Center – Kaohsiung Zone,” the project encourages lower-floor spaces to be used for banking, financial, and asset management purposes, creating a diverse ecosystem of financial services. The development will integrate with Taiwan’s first dedicated asset management zone, themed around green finance and technology, to foster innovative collaboration across the fintech sector. The aim is to build the “Nasdaq of Asia,” with project revenues contributing to Kaohsiung’s MRT construction fund. Bidding for the project is open until December 8, 2025, and investors are warmly invited to participate.

Deputy Mayor Lin Chin-rong noted that the Financial Supervisory Commission’s “Asia Asset Management Center – Kaohsiung Zone” was officially inaugurated at the end of July. To date, 26 financial institutions, including banks, insurance companies, and investment firms, have received approval to establish operations within the zone. Two of the Big Four accounting firms, Deloitte Taiwan and PwC Taiwan, have also set up offices. The zone encompasses 32 approved cross-border financial services, including financial asset portfolio financing, policy and premium financing, and family office operations, aligning Taiwan more closely with international markets while attracting overseas capital and professional talent. As financial institutions accelerate their presence, the demand for premium office space has risen rapidly. Situated within the Kaohsiung Zone, the urban renewal project aims to attract businesses in asset management, legal and tax advisory services, and startups, thereby strengthening the city’s competitiveness and global appeal as a financial hub.

Kaohsiung Mass Rapid Transit Bureau Director-General Wu Chia-chang added that the site lies southwest of the O4 MRT Cianjin Station, just a 250-meter walk away. Covering an area of 3,274 square meters in a Type-4 commercial zone, the site allows for mixed residential and commercial use, with a building coverage ratio of 60% and a floor area ratio of 630%. Through urban renewal, the design floor area ratio can reach up to 1.5 times the statutory limit. The planned total floor area (excluding parking) is approximately 43,000 square meters (13,000 pings), with an estimated total investment of NT$5.3 billion and projected sales of NT$7.9 billion. The city’s share, around NT$2.5 billion, will be fully allocated to Kaohsiung’s four-line MRT development program. Bidding documents are available for download on the Kaohsiung Mass Rapid Transit Bureau website, and investors are encouraged to submit proposals before the deadline.