Taipei's Palace Museum to expand

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Taipei's Palace Museum will expand its exhibition area to accommodate growing numbers of visitors, according to Taiwanese authorities in charge of economic construction.

Taipei's Palace Museum [file photo] 



The expanded exhibition hall, together with a cultural creativity center, will be built near the museum's current site, according to a plan passed on Tuesday.

The museum will put up 80 percent of the cost, estimated to be between 20 billion New Taiwan dollars (NTD; 686.3 million U.S. dollars) and 30 billion NTD.

The culture creativity center and the hall will be completed in 2016 and 2024, respectively, according to the plan.

The project is estimated to bring back 151 billion NTD in economic returns in 30 years, help create 6,500 jobs every year during the construction period and provide employment for 2,200 people annually after 2024, according to a spokesman.

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