TCC Invests NT$26.8 Billion in Xinyi District Project, Aims for TOD Bonus and Year-End Groundbreaking
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Taiwan Cement (TCC) announced a NT$26.8 billion investment in a land development project in Taipei's Xinyi Planning District, aiming to build three corporate headquarters buildings. Chairman Nelson Chang stated that they are seeking a TOD (Transit-Oriented Development) floor area ratio bonus and targeting groundbreaking by the end of this year. TCC is also proceeding with large-scale development plans in Kaohsiung and international low-carbon initiatives.