Kilambi News
Sunday, November 15, 2026

Taiwan drafting sovereign wealth fund bill for year end

Politics Wednesday, November 11, 2026 - Updated Nov 11, 2026 22:05

Taiwan is drafting legislation for a sovereign wealth fund with initial capital of about NT$30 billion (US$912 million), and the National Development Council aims to complete the draft bill by the end of this year.

Why it matters: A draft bill would be the first concrete legislative step for the fund President Lai Ching-te announced in May 2025, which has been under study since with no law, capital or leadership named.

Data as of Bloomberg report of November 11, 2026, read via the estate browser route; the article is paywalled beyond its opening paragraphs, so this brief rests only on the portion read, the drafting, the initial capital figure and Minister Yeh Chun-hsien's statement to the legislature on Wednesday. Single source, evidence grade C. Developing item.

Taiwan is drafting legislation to establish a new sovereign wealth fund with initial capital of about NT$30 billion (US$912 million), pushing ahead with the government’s plan to make strategic investments overseas, Bloomberg reported. The National Development Council aims to complete a draft bill by the end of this year, the council’s minister, Yeh Chun-hsien, said during a legislature session on Wednesday.

President Lai Ching-te announced the fund in May 2025 as a national level investment platform, and the council has been studying a fund set up by special act since. No funding source, governance structure or investment mandate has been published.

Sources

  1. Taiwan Drafts Plans for Wealth Fund, Aims for Bill by Year-End - Bloomberg - 2026-11-11