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Taiwan's Architecture & Urban Development:
Market on the Rise: Taiwan's architecture and urban development market is buzzing with a projected growth of 4.2% in 2024, attracting global players. Sustainability, smart city solutions, and cultural preservation are key trends driving this boom.
Government Fuels Growth: Public procurement plays a significant role, with an estimated NT$840 billion invested annually. This creates ample opportunities for architects, developers, and service providers.
Main Architecture and Urban Development Products and Services Procured by Taiwan:
Smart building technologies: Automation systems, energy efficiency solutions, and building information modeling (BIM).
Smart city solutions: Traffic management systems, waste management systems, and digital infrastructure.
Landscape architecture and urban greening: Parks, green spaces, and ecological restoration projects.
Architectural design and engineering: Expertise in earthquake-resistant design, green buildings, and sustainable development.
Urban planning and landscape architecture: Master planning, zoning regulations, and urban design guidelines.
Infrastructure development and management: Project management, construction supervision, and operation and maintenance of infrastructure systems.
The Ministry of the Interior and the Council for Economic Planning and Development are the top authorities overseeing major procurements. Local governments also play a crucial role in shaping project landscapes.
Winning Strategies: Leading the pack are renowned Taiwanese firms like YMD Architects, MAYU Architects, and KPF Architects. International giants like AECOM and Arup are also vying for a slice of the pie.
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