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The Taiwan construction market is a significant industry, with an estimated value of $81.96 billion in 2022. It has experienced steady growth in recent years, driven by factors such as government infrastructure investment, urbanization, and rising disposable incomes.
Taiwan Building Government Procurement
The Taiwan government is a major procurer of construction services and products. In 2022, the total value of government construction procurement reached $18.2 billion. The government procures a wide range of construction products and services, including infrastructure projects, public buildings, and residential housing.
The Taiwan government is actively promoting sustainable construction through its tendering processes. In 2023, the government announced over 10 billion Taiwan dollars (US$330 million) worth of tenders for various construction projects, including:
Green buildings: The Taiwan government aims for 50% of government buildings to be zero-carbon by 2050
Sustainable construction: The government also emphasizes building sustainability, requiring contractors to use recycled materials and energy-efficient construction methods.
The top authorities for Taiwan building procurement are:
Ministry of the Interior
Ministry of Transportation
Ministry of Education
Ministry of Health and Welfare
The top winners of Taiwan building procurement in 2022 were:
Evergrande Real Estate Services
China State Construction Engineering Corporation
China Railway Construction Corporation
Weikang Construction Corporation
Tung Yang Industrial Co., Ltd.
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