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Ma says no to Kuokuang petrochemical project

2011/04/22 16:59:50

Taipei, April 22 (CNA) President Ma Ying-jeou declared Fridaythat he will not support the construction of the Kuokuangpetrochemical complex project in the central Taiwan county ofChanghua.

Ma said he will ask the state-run oil company CPC Taiwan, whichhas a 43-percent stake in Kuokuang Petrochemical Technology Co., tocommunicate the government's official stance at the next investorsconference.

The NT$700 billion project has been embroiled in controversy inrecent months due to strong opposition from environmentalists andresidents, who live near the wetlands where the complex was plannedfor construction.

A task force organized by the Environmental ProtectionAdministration (EPA) had announced earlier in the day that itrecommends the government either approve the project with conditions,or stop it outright.

The president announced his decision against the project at apress conference in the company of Vice President Vincent Siew,Premier Wu Den-yih and other high-ranking officials.

However, he did not specify whether the government will totallyabolish the project, or move it to another location in Taiwan orabroad.

(By Garfie Li & Bear Lee)
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