Mass Rapid Transit Act Article 13

1. The construction of the mass rapid transit system shall be implemented by the central competent authority. However, the implementation may be transferred to the local competent authority after being reported by the central competent authority and approval is obtained from the Executive Yuan.2. The central or local competent authority of the mass rapid transit system may establish a construction organization to take charge of designing and building the mass rapid transit system network in accordance with the ratification in the preceding article.3. The construction of the mass rapid transit system referred to the preceding paragraph may be implemented by other agencies or selected private sector organizations authorized and entrusted by the central or local competent authority.4. For construction of the mass rapid transit system invested by the private sector, all applicants that apply to conduct the construction, the minimum corporate capital shall be no less than NT$1 billion and must account for more than 10 percent of the total construction cost. The applicant that acquires priority shall complete the registration of a limited joint stock company with minimum capital of more than 25 percent of the total construction cost within six months.5. The minimum capital ratio of the private sector organization shall remain more than 25 percent during preparation, construction, and operation.6. To integrate various experiences of mass rapid transit system construction, the central competent authority shall collect diverse relevant information on construction contracts, land acquisition, demolition compensation, relocation of utility pipelines, and arbitration issues, and actively provide the information to different construction organizations for reference.