In an attempt to accelerate the process of privatization, on July 25, 1989, the Executive Yuan established the "Task Force for the Privatization of Public Enterprises" to handle this important assignment.
行政院為加速此項工作的進行，已於本年七月廿五日，成立「公營事業民營化推動專案小組」，負責推動此一當前重要施政。