The National Development Council (NDC) on Monday approved an investment of NT$38.166 billion (US$1.37 billion) over five years to upgrade seven international commercial ports in Taiwan.
The plan — which was proposed by the Ministry of Transportation and Communications — is expected to create 13,000 jobs and stimulate NT$320 billion in investment, NDC Deputy Minister Yu Chien-hwa (游建華) said.
The ministry is to launch 29 projects at the ports of Kaohsiung, Keelung, Hualien, Taichung and Taipei, as well as Tainan’s Anping and Yilan County’s Suao ports, to boost capacity, and turn them into green and smart international harbors, Yu said, citing the plan, which is to run from next year to 2026.
Photo: CNA
THROUGHPUT
Taiwan International Ports Corp (台灣港務) vice president of engineering Wang Chin-jung (王錦榮) said that the company aims to boost the total container throughput of the seven ports to 15.66 million to 18.22 million twenty-foot equivalent units (TEUs) by 2026.
It also hopes to increase total cargo throughput at the seven ports from an annual average of 1.59 billion tonnes at present to 1.80 billion tonnes by 2026, Wang said.
The ports would be developed and promoted based on their special characteristics, he said.
KAOHSIUNG EXAMPLE
For example, the Port of Kaohsiung is Taiwan’s largest port and was the 16th-busiest container port in the world last year, so Taiwan International Ports would make it a leading cargo transshipment hub in the Asia-Pacific region, Wang said.
The company hopes to increase the port’s container throughput from 9.62 million TEUs last year to 11.44 million TEUs by 2026, he said.
The Port of Taipei is to become a smart logistics center for automobiles and the Port of Taichung a base for green energy development, while the ports at Suao, Hualien and Anping are to be developed for tourism, Wang said.
Meanwhile, the Maritime Port Bureau plans to inject NT$9.7 billion into 33 projects to refurbish four domestic commercial ports — Budai in Chiayi County, Penghu, Kinmen and Matsu — to improve their competitiveness, and boost tourism and economic development near them.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
Intel Corp yesterday reinforced its determination to strengthen its partnerships with Taiwan’s ecosystem partners including original-electronic-manufacturing (OEM) companies such as Hon Hai Precision Industry Co (鴻海精密) and chipmaker United Microelectronics Corp (UMC, 聯電). “Tonight marks a new beginning. We renew our new partnership with Taiwan ecosystem,” Intel new chief executive officer Tan Lip-bu (陳立武) said at a dinner with representatives from the company’s local partners, celebrating the 40th anniversary of the US chip giant’s presence in Taiwan. Tan took the reins at Intel six weeks ago aiming to reform the chipmaker and revive its past glory. This is the first time Tan