Taiwan’s Ministry of Economic Affairs promotes the development of the LED industry and plans to introduce a subsidy program for people to use LED light bulbs

The director of the New Taipei City Government stated that there are currently 220,000 street lights in New Taipei City, and only 4.2 have been replaced with LED street lights. The Public Works Bureau, through the private financing proposal system PFI (Private Finance Initiative), uses private funds and technology to promote energy-saving street lights, which will be on the road in the near future. It is hoped that more than half of the street lights will be replaced by the end of this year. It is understood that the Taichung City Government also intends to follow up on the private financing system, with private funding responsible for replacing LED street lights in the city, and the city government will repay the electricity savings in six years.