Taiwan's premier pushes $100bn economic reform, unfazed by opposition

Cho Jung-tai aims to capitalize on investor wariness of China

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Taiwan's Premier Cho Jung-tai speaks with Nikkei Asia in an interview in Taipei. (Photo: Taiwan's Executive Yuan)

THOMPSON CHAU, Contributing writer, and LAULY LI, Nikkei staff writer

TAIPEI -- Taiwan's new government is launching an ambitious program of economic and social reform despite opposition parties' control of the legislature, Premier Cho Jung-tai told Nikkei Asia, with plans to drum up almost $100 billion in investment.

The broad vision includes energy, artificial intelligence and infrastructure. Courting Taiwanese investors who have grown disillusioned with doing business in China will be part of the strategy, Cho said in one of his first media interviews since taking office in May.

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