The headquarters of the Ministry of Culture’s Art Bank will officially open on March 25, which is also Taiwan’s Fine Arts Day. In preparation for the event, Minister Lung Ying-tai invited several entrepreneurs to take the first look at the headquarters in Taichung City on Jan. 3.
The Art Bank Program is one of the flagship policies the Ministry has launched since its inauguration in 2012. By purchasing and subsequently leasing works of art, the program transforms public spaces into galleries for Taiwanese artists and introduces art into the lives of the general public.
The Minister gave her personal thanks to the heads of the nine Taiwan-based businesses that contributed funds to the program, including Globe Union, Chiui Group, Wen Hua Asset Management, Wei-Feng Culture and Art Foundation, Ching Jen Construction and Development Ltd., Fu Yu Construction, and In Young Hotel.
Establishing the headquarters on a street also known as the “Bank Road” is a wonderful coincidence, said Lung, adding that the Ministry “will try to attract more private sector resources to promote artistic creation in Taiwan.” She also welcomed Taichung entrepreneurs’ zeal in regards to the Art Bank initiative, saying that not only were they willing to provide financial assistance by donating NT$18 million (US$ 597,450) to the Art Bank, but that their plans to establish an “Art Bankers Club” demonstrate the incredible passion and vitality of the Taiwanese people.
The Art Bank headquarters, which is located in the former office of the now-defunct Government Information Office’s Taichung branch, will also serve as a small exhibition hall in addition to storing the works of art. The Ministry has also renovated the old offices and dormitories of the banks adjacent to the Art Bank Headquarters into bright, new open art galleries.
Witnessing the incredible changes, the bank executives expressed their willingness to support and expand the program. Lung concluded that the inauguration of the Art Bank headquarters will not only promote the nation’s overall aesthetics, but revitalize Taichung’s old downtown area.
On March 25, the opening day, a band formed by a group of entrepreneurs will play music outside the Art Bank headquarters; people who are interested in leasing works of art can also talk directly to curators at the venue.