A senior official says Taiwan may scrap a contentious plan to build a $20 billion petrochemical complex on reclaimed land on its western coast.
The plan to build the complex to refine crude oil and produce ethylene has been stalled for five years amid protests by residents at the planned site in the central Taiwanese county of Changhua. Economics Minister Shih Yen-hsiang said Thursday the project's private investors are considering moving the facilities overseas.
His deputy Huang Chung-chiou said Malaysia and Indonesia are among the favored choices. Taiwan's government-run petroleum company is one of the main investors in the project.
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