By Crystal Hsu / Staff reporterA foreign consortium led by a Hong Kong media tycoon won the “Taipei Twin Towers” development project, the Taipei Department of Rapid Transit Systems announced yesterday after five unsuccessful attempts to find a developer. The consortium is competing against a local group comprised of computer maker Clevo Co (藍天電腦) and affiliate property developer Hongwell Group (宏匯集團). The local team could take over if Nan Hai pulls out, the department said. Nan Hai Holding Co (南海金控) is a listed firm in Hong Kong primarily engaged with businesses in China, Hong Kong, North America, Europe and Australia in the culture and media sectors, property development and IT application services. “Taipei has not seen any eye-catching buildings for a while — not since the construction of Taipei 101 — and we aim to rescue the city from the architectural doldrums with the Taipei City One project,” Yu said.

Source: Taipei Times December 27, 2018 15:56 UTC