The New Year’s Eve fireworks show at Taipei 101 is on. The Taipei 101 made the announcement on Tuesday. That’s after it found a sponsor for the NT$38 million (US$1.2 million) fireworks show. The iSee Taiwan Foundation is sponsoring the show this year.
The iconic building was not able to find a sponsor earlier because one of its major shareholders, Ting Hsin International Group, was involved in a major tainted cooking oil scandal. Ting Hsin’s chairman resigned from his Vice Chairman position at Taipei 101 as a result.
There were worries that no one would foot the bill for the nation’s most anticipated fireworks show. At the press conference on Tuesday, Taipei 101 spokesman Liu Jia-hao said, “the heavens have taken care of Taiwan”.