Taiwan is a step closer to bringing a Guggenheim museum to the island nation after the legislature approved a first-year budget, and an economic council signed off on a plan to fund the $180 million project. The funding plan still needs to be approved by the legislature and the executive, but success appears likely by the end of the calendar year. The Guggenheim would be part of a larger cultural district in the city of Taichung, slated to include a new City Hall designed by Frank Gehry, and a Jean Nouvel opera house.