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Taiwan to Inject NT$20 Billion into Cultural Investment

11 November 2019

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Taiwan to Inject NT$20 Billion into Cultural Investment

The Ministry of Culture (MOC) and its new affiliated administrative institution, the Taiwan Creative Content Agency (TAICCA), will launch two expansive plans from next year, each of which will be allocated NT$10 billion (US$329.32 million), the culture minister said Friday, 8 November.

The move is an effort to boost Taiwan’s audiovisual and music industries and investment in Taiwanese culture, Minister of Culture Cheng Li-chiun (鄭麗君) said during a ceremony held in Taipei to formally inaugurate the TAICCA.

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Photo Credit: Taiwan Creative Content Agency

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