Statute for Encouragement of Private Participation in Transportation Infrastructure Projects Article 8

For building any of the transportation infrastructure projects referred to in Article 5, the competent authority may build a transportation infrastructure project with fund provided by business firms and reimburse the same in installments after completion thereof.The competent authority which intends to build a transportation infrastructure project in the manner referred to in the preceding Paragraph, must submit its construction and financial plans to the Executive Yuan for prior approval, or have the plans approved by the local government concerned and appropriate the budgets for the credit and construction project through normal budgetary process to effect project contracting and construction accordingly.If the project contracting and construction referred to in the preceding Paragraph has been estimated and examined by government authority in charge of said project, the credit and construction project of the estimated and examined portion shall be deemed executed.The business firm referred to in Paragraph 1 shall mean a government or private enterprise established by law.