Next stage of the project in Taiwan: framework agreement signed

The previously presented uST transport infrastructure complex project for Taiwan was highly praised by local authorities and specialists from the transport, construction, and economic departments. The parties have begun the second stage of its development by signing a framework agreement on cooperation.

The agreement was signed in Tainan by Oleg Zaretsky, CEO of uScovery, and Mu Chi-Heng, head of SkyTaxi Limited. The document lays the foundation for long-term cooperation aimed at introducing uST technologies in the region.  

This is a string rail complex project that will connect popular recreational areas in Tainan: Xinhua Park, Hutoupi Lake, and a number of tourist infrastructure facilities between them.

The construction of the uST transport and infrastructure complex on this route will increase Taiwan's tourism potential. The UST Inc. project is in line with the local authorities' strategic focus on green infrastructure, innovation, and the development of smart cities.

The parties hope to create a model that can be applied to other regions of Taiwan and will enable more effective solutions for public transport infrastructure in the future.