Taiwan’s Commercial Real Estate Market: An Improving Outlook
In August, Taiwan’s Directorate General of Budget, Accounting & Statistics revised its GDP growth forecast for 2018 upward to 2.69% due mainly to increasing private investment. Government investment is also expected to increase this year by 5.06%, with the authorities aiming to spend NT$420 billion (about US$13.8 billion) on infrastructure over the next four years…