TAIPEI, Feb 1 : Taiwan's Cabinet approved Thursday an extensive 8.2 trillion Taiwan Dollar (302.6 billion US Dollar) national construction plan to propel Taiwan into the ranks of developed countries in six years, officials said, reports AFT

The 1991-96 economic construction package is aiming to achieve a seven- per cent annual economic growth rale in the period. It seeks to increase personal income, upgrade quality of life and accelerate and balance industrial development. Cabinet officials said.

Key among the 779 projects planned arc highway and subway systems, petrochemical plants, infrastructure for heavy industries, the country s fourth nuclear power plant and sophisticated pollution control facilities.

According to the development plan, Taiwan's GNP (Gross National Product) would expand to 2.985 billion US Dollars In 1996 as compared with 1.615 billion US Dollars for this year.

Per capita income would grow to 13.975 US Dollars in 1996 from this year's 7.990 US Dollars, the officials said.

Premier Hau Pcl-Tsun described the package proposed by the council for economic planning and development, the island's top economic think tank, as "forward-looking" in trying to transform the island into a regional economic and financial hub. they said.