Taiwan's MOEA Puts Aside Nearly NT$5 Bn. to Build Smart 4G Broadband City

Taiwan's Ministry of Economic Affairs (MOEA), implementing the so-called Project of Mobile Broadband Service Acceleration and Industry Development ratified by Executive Yuan (the Cabinet), has put aside nearly NT$ 5 billion (about US$ 164 million) to further boost the development of “smart city” and has brought positive outcomes.

Industrial Development Bureau noted that through conducting the project of “Smart 4G Broadband City”, multiple fields, subsidized by the government, will be able to contribute the efforts and enjoy the outcomes the project has produced.

“Smart 4G Broadband City”, designed to develop sustainable commercial services that result in benefits for Taiwanese people, has been carried out to integrate various applications including surveillance, health care, commerce, financial service, transportation and entertainment.

The project, with the efforts of more than 50 manufacturers from different industries and local governments, has become a model promoting the Smart City concept in Taiwan's six special municipalities, sixteen cities and counties, successfully elevating the international visibility of Taiwan.