National Development Fund's NT$10 Billion Plan Imminent, National Development Council: Awaiting Ministry of Sports to Finalize Regulations
The National Development Fund's NT$10 billion plan to support sports industry development is awaiting the Ministry of Sports to finalize its investment management regulations. National Development Council Chairman Kung Ming-hsin stated that the Ministry of Sports is expected to complete the announcement of the investment management regulations by early May. After approval by the National Development Fund Management Committee, investments can commence. This initiative aims to transform the sports industry's long-standing reliance on subsidies into an investment-driven development model.
📋 Article Processing Timeline
- 📰 Published: April 15, 2026 at 13:05
- 🔍 Collected: April 15, 2026 at 13:31 (25 min after Published)
- 🤖 AI Analyzed: April 15, 2026 at 19:05 (5h 33m after Collected)
Central News Agency
(Central News Agency reporter Tseng Yun-ting, Taipei, 15th) The National Development Fund will establish a thematic NT$10 billion fund to assist the development of the sports industry. Legislators have expressed concern about the progress of its establishment. National Development Council Chairman Kung Ming-hsin explained today that the Ministry of Sports needs to formulate investment management regulations, which are expected to be announced by early May. Subsequently, investments can commence after being submitted to and approved by the National Development Fund Management Committee.
The Legislative Yuan's Economic Committee today invited the Ministry of Economic Affairs, National Development Council, Ministry of Sports, Ministry of Education, and Ministry of Finance to report on "Policy planning for Taiwan's sports industry development, talent cultivation, cross-ministerial resource integration, effectiveness of relevant tax incentives, future industry output value targets, and comparative analysis of sports industry policies in advanced countries," and to be questioned.
According to the written report submitted by the National Development Council to the Legislative Yuan, Article 13 of the "Sports Industry Development Act" stipulates that the National Development Fund should allocate a certain proportion of investment to the sports industry, and has already listed the sports industry as a key support area through the "Thematic NT$10 Billion Investment Program." Currently, the Ministry of Sports is formulating the "Ministry of Sports' Regulations for Utilizing National Development Fund Allocations for Investment Management." Subsequently, relevant investment proposals will be submitted to the National Development Fund Management Committee for discussion to complete the institutional design and operational mechanisms.
The National Development Council stated that in the future, it will cooperate with the Ministry of Sports' "Sports as a Platform" governance framework, guiding private capital investment through the National Development Fund to gradually improve the industry's long-term reliance on subsidies and establish an investment-driven development model.
Kuomintang Legislator Cheng Cheng-chien questioned that after the amendment of the "Sports Industry Development Act" in May last year, the policy has shifted from being primarily subsidy-based to incorporating investment mechanisms, among which the National Development Fund's NT$10 billion plan has attracted much attention. He asked about the actual progress of its implementation.
Kung Ming-hsin stated that the launch of the NT$10 billion investment fund requires the Ministry of Sports to complete the formulation of investment management regulations and submit them to the National Development Fund Management Committee for review. The Ministry of Sports is expected to complete the announcement of the investment management regulations by early May. Once the announcement process is completed, the National Development Fund Management Committee will review it as soon as possible.
Democratic Progressive Party Legislator Lee Kun-cheng also expressed concern about the progress of the Employment Gold Card and the NT$10 billion plan. Kung Ming-hsin stated that currently, about 32 people in the sports field have obtained Employment Gold Cards, mostly athletes in the past. In the future, it is hoped that the Ministry of Sports can achieve the goal of 100 applicants per year and expand to attract professional talents in logistics such as coaches, referees, sports science research, data analysis, and medical protection. If relevant fields are included, achieving the target should not be a problem.
Cheng Jen-chieh, Chairman of the National Sports Industry Development Center, stated that the NT$10 billion plan will have diverse applications, including strengthening the spectator economy, cultivating sports stars, promoting professional and national teams towards corporate management, and connecting with the international market to drive the overall upgrading of the sports industry. (Editor: Pan Yi-ching) 1150415
(Central News Agency reporter Tseng Yun-ting, Taipei, 15th) The National Development Fund will establish a thematic NT$10 billion fund to assist the development of the sports industry. Legislators have expressed concern about the progress of its establishment. National Development Council Chairman Kung Ming-hsin explained today that the Ministry of Sports needs to formulate investment management regulations, which are expected to be announced by early May. Subsequently, investments can commence after being submitted to and approved by the National Development Fund Management Committee.
The Legislative Yuan's Economic Committee today invited the Ministry of Economic Affairs, National Development Council, Ministry of Sports, Ministry of Education, and Ministry of Finance to report on "Policy planning for Taiwan's sports industry development, talent cultivation, cross-ministerial resource integration, effectiveness of relevant tax incentives, future industry output value targets, and comparative analysis of sports industry policies in advanced countries," and to be questioned.
According to the written report submitted by the National Development Council to the Legislative Yuan, Article 13 of the "Sports Industry Development Act" stipulates that the National Development Fund should allocate a certain proportion of investment to the sports industry, and has already listed the sports industry as a key support area through the "Thematic NT$10 Billion Investment Program." Currently, the Ministry of Sports is formulating the "Ministry of Sports' Regulations for Utilizing National Development Fund Allocations for Investment Management." Subsequently, relevant investment proposals will be submitted to the National Development Fund Management Committee for discussion to complete the institutional design and operational mechanisms.
The National Development Council stated that in the future, it will cooperate with the Ministry of Sports' "Sports as a Platform" governance framework, guiding private capital investment through the National Development Fund to gradually improve the industry's long-term reliance on subsidies and establish an investment-driven development model.
Kuomintang Legislator Cheng Cheng-chien questioned that after the amendment of the "Sports Industry Development Act" in May last year, the policy has shifted from being primarily subsidy-based to incorporating investment mechanisms, among which the National Development Fund's NT$10 billion plan has attracted much attention. He asked about the actual progress of its implementation.
Kung Ming-hsin stated that the launch of the NT$10 billion investment fund requires the Ministry of Sports to complete the formulation of investment management regulations and submit them to the National Development Fund Management Committee for review. The Ministry of Sports is expected to complete the announcement of the investment management regulations by early May. Once the announcement process is completed, the National Development Fund Management Committee will review it as soon as possible.
Democratic Progressive Party Legislator Lee Kun-cheng also expressed concern about the progress of the Employment Gold Card and the NT$10 billion plan. Kung Ming-hsin stated that currently, about 32 people in the sports field have obtained Employment Gold Cards, mostly athletes in the past. In the future, it is hoped that the Ministry of Sports can achieve the goal of 100 applicants per year and expand to attract professional talents in logistics such as coaches, referees, sports science research, data analysis, and medical protection. If relevant fields are included, achieving the target should not be a problem.
Cheng Jen-chieh, Chairman of the National Sports Industry Development Center, stated that the NT$10 billion plan will have diverse applications, including strengthening the spectator economy, cultivating sports stars, promoting professional and national teams towards corporate management, and connecting with the international market to drive the overall upgrading of the sports industry. (Editor: Pan Yi-ching) 1150415
FAQ
What is the National Development Fund's NT$10 billion plan?
It is a NT$10 billion fund to be established by the National Development Fund to support the development of the sports industry.
What is required for the plan to start?
The Ministry of Sports needs to finalize the investment management regulations, complete the announcement by early May, and then obtain approval from the National Development Fund Management Committee.