Airport MRT Land Development Project: Creating New Opportunities for Regional Growth

Railway construction is a key driver of local prosperity. The Airport MRT (Taoyuan Airport Metro) project serves not only as the backbone of an integrated transportation system but also as a catalyst for balanced urban and regional development through the Transit-Oriented Development (TOD) model.

To maximize land use efficiency and stimulate economic growth along the route, the Railway Bureau has successfully implemented joint development projects that attract private investment and foster sustainable communities. These projects exemplify the government’s commitment to actively utilizing and monetizing public assets.

Overview of Airport MRT Joint Development Achievements

The following stations showcase the successful implementation and concrete outcomes of the joint development projects, demonstrating the government's capability in asset monetization:

A8 Chang Gung Memorial Hospital Station Development Project

• Jointly Developed by: Chang Gung Memorial Hospital Foundation and Asia-Pacific Development Corporation.

• Project Status: Usage license was obtained in 2015.

• Asset Monetization:

  • The Railway Bureau received a share of the commercial space and parking facilities.

  • These assets are managed by Asia-Pacific Development Corporation and leased to Global Mall for commercial operations.

A9 Linkou Station Development Project

• Investment Partner:Kindom Development Co., Ltd.

• Project Status: Usage license was obtained in 2015.

• Asset Monetization:

  • The Railway Bureau received a share of the commercial space (including all parking spaces). This space is leased to Global Mall for commercial operations.

  • The Railway Bureau also received 54 residential units (including 18 parking spaces). These residential units are currently managed under a bulk lease by Fengfu Asset Management Co., Ltd.

A19 Taoyuan Sports Park Station Development Project

• Investment Partner: Kindom Development Co., Ltd.

• Project Status: Usage license was obtained in 2019.

• Asset Monetization:

  • The Railway Bureau received a share of the commercial space (including all parking spaces).

  • The Railway Bureau also received 8 residential units (including 6 parking spaces).

  • The commercial space is leased to Global Mall for commercial operations.