#Exclusive* IGB-led group wins bid to build RM8b Taipei Twin Towers

PETALING JAYA (Oct 30): A multinational consortium led by IGB Corporation has won the bid to build Taipei's Twin Towers with total investment of about NT$80 billion (about RM8.3 billion), according to news reports in Taiwan.

"In a statement issued late on Sunday (Oct 28), the Taipei City Government announced that the consortium, led by IGB Corp Bhd, a Malaysia-based company engaged in investment holding and property development, had beaten two other bidders for the project, with a total investment of NT$70 billion-NT$80 billion," reported the Taipei Times yesterday (Monday).

The official Taiwan Today also carried similar report.

The consortium is expected to break ground for the construction of two high-rise buildings — one with 56 stories above ground and four basement levels, and the other with 76 stories above ground and four basement levels — on the site of Taipei's main railway station within one year.

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