Highwealth Construction Increases Contract Value for C1 Project in Jiangcui, Banqiao due to Rising Costs
📋 Article Processing Timeline
- 📰 Published: May 14, 2026 at 09:00
- 🔍 Collected: May 15, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 15, 2026 at 08:07 (7 min after Collected)
Highwealth Construction (Ai Shan Lin) announced an upward adjustment to the contract value for the new construction project at the Jiangcui Section in Banqiao, New Taipei City (C1 Project). The adjustment is driven by surging raw material prices, increased land engineering costs, and labor/material shortages. The contract with Li Xin Construction is increased by NT$348,455,436, of which the company will bear NT$139,382,174 (40%). The revised total project cost is NT$2,128,466,891.