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Koo professes interest in Taipei Dome

Koo professes interest in Taipei Dome

TAIPEI (Taiwan News) – Jeffrey Koo Jr., the scion of one of Taiwan’s most powerful business dynasties, on Saturday expressed interest in taking over the Taipei Dome project, though he added he had not held any talks on the issue.
The 40,000-seat stadium complex is close to completion, but over the past year it has been caught in a high-profile dispute between the administration of Taipei City Mayor Ko Wen-je and the developer, tycoon Chao Teng-hsiung’s Farglory Group. The issues include safety and financial payments, and have led to a city-ordered construction stop and court cases.
There have been media reports that Koo and his family’s CTBC Financial Holding Co., Ltd. might be interested in taking over the Taipei Dome from Farglory.
Asked about the reports, Koo, who chairs the holding’s charity foundation, said Saturday he would be lying if he said he was not interested in the project. He pointed out that CTBC owned a baseball team and that South Korea and Japan also had domed stadiums, so Taiwan certainly also needed one.
However, Koo added that he had had no contacts with either Farglory or the city government to discuss the Taipei Dome. He also said he was unable to confirm media estimates that a takeover might cost at least NT$20 billion (US$607 million).
Koo wondered about how the current impasse would be solved, and whether Ko would in the end decide to have the whole stadium torn down.
The CTBC Charity Foundation chairman said his group’s baseball team was leaving the New Taipei City district of Hsinchuang to train in Pingtung County, but that it would prefer to move to Taipei City.


Updated : 2021-09-26 03:54 GMT+08:00