Taiwan Tati Cultural and Educational Foundation

Relocating the development project for Kuokuang Petrochemical Technology Co’s proposed eighth naphtha cracker overseas could be an option amid opposition to constructing the plant in Taiwan, Minister of Economic Affairs Shih Yen-shiang (施顏祥) said yesterday.

On a visit to Academia Sinica, Shih said that from an economic point of view, major development projects such as naphtha crackers should be built in Taiwan, but added that the government would not oppose relocating such projects overseas if the environmental cost was “too heavy to bear.”