Taiwan
  [ Enlarge Image ]  
 
 
<< Back 
by: Gene Koprowski.
The prime minister of Taiwan, Liu Chao-shiuan, this week said he was in favor of legalizing casino gambling on Taiwan's offshore islands.
 
Observers said this signals that the nation is going to soon be building gambling facilities there.
Liu made the remarks while attending the weekly Cabinet meeting this week.
Hu Chung-ying, vice chairman of the Council for Economic Planning and Development (CEPD), said plans to complete seven of the so-called 12 "Love Taiwan" infrastructure projects.

The seven projects include: stepping up island's transportation networks, building the Taoyuan Aviation Hub, bringing high-tech firms to middle Taiwan, improving Kaohsiung City and Kaohsiung Port, increasing leisure tourism in eastern Taiwan, promoting land conservation and bolstering infrastructure on the offshore islands.
Premier Liu said the "government should first legalize casino gambling on offshore islands, and that will then set the stage for new construction of gambling facilities."

Building casinos on Penghu, one of the offshore islands of Taiwan, has been controversial. Backers believe this will bolster Penghu's tourism industry, whilst opponents think this will disturb an otherwise peaceful and quiet Pescadore Islands.
Casino gambling is now illegal in Taiwan. To build casinos on offshore islands, the legislature must first pass a bill to legalize casino gambling on the tiny islands. The cabinet will then introduce a gambling bill that needs to be passed by the legislature.



Vegas Casino Online
$500 Special Welcome Bonus!



Liu's backing of offshore gambling legalization is seen as a breakthrough, according to Cabinet officials, as none of the premiers in the past had ever publicly backed the idea.
The cabinet meeting also featured the passing of a new plan aiming to attract $4 trillion in new investment from private companies during the next few years.

As part of the plan, $2 trillion of the new funds will be invested in Taiwan's electronics and computer industries.
What is more, the government will organize an international investors' forum in October as part of plans to obtain the $4 trillion.


© Copyright 2008 Gambling Central's material. It may not be published, broadcast, rewritten, or redistributed.

[ Back ]