Taiwan Launches Massive Initiative: Billions to Revitalize Aging Apartments

A Boost for Elderly Homes: Government Program Promises Safer, Modernized Living Spaces.
Taiwan Launches Massive Initiative: Billions to Revitalize Aging Apartments

In response to Taiwan's rapidly aging population and the increasing challenges posed by aging residential structures, the Ministry of the Interior (內政部) announced on May 1st a comprehensive plan to address the issue. The government will allocate a special budget of NT$5 billion over three years to renovate older apartment buildings across the nation, with the aim of extending the lifespan of 500 aging residential complexes.

The initial phase of the project will prioritize apartments that are 30 years or older, between four and six stories high, and deemed structurally sound. The focus will be on improving the safety of public spaces, upgrading electrical wiring, gas pipelines, and accessibility features for residents with disabilities. The project proposal is slated for submission to the Executive Yuan (行政院) in the latter half of this year, with immediate implementation anticipated upon approval.

The announcement followed the Ministry of the Interior's internal meeting, where the National Land Management Agency presented the "Aging Residential Lifespan Extension Planning." The agency's Secretary-General, 歐正興 (Ou Zhengxing), explained that the Executive Yuan approved the "Special Act on Strengthening Economic, Social, and National Land Security Resilience in Response to the International Situation" on April 24th. The Ministry of the Interior plans to allocate the NT$5 billion budget from this special act, commencing in 2025 and running through 2027. The initiative will utilize subsidies to assist residents in enhancing the safety and accessibility of their living spaces, simultaneously stimulating growth in the architecture, construction, and interior design industries.



Sponsor