Taiwan conglomerate Uni President Enterprises and its financial adviser ICBC has asked banks to bid for a NT$4.8bn project financing involving the development of a 15-storey commercial centre and a train station for the Taipei Rapid Transit System. The tenor will be 16 years. Total project cost is estimated at NT$8bn.
Uni President will take a 50% stake in the build-operate-transfer (BOT) project, operating the commercial centre for 50 years before handing it to the municipal government.
Banks in the running are said to include Chiao Tung Bank, First Commercial Bank, Industrial Bank of Taiwan and Taipei Bank.