The Taiwan Railways Administration (TRA) yesterday officially became the state-run Taiwan Railway Corp (TRC), with the management of the newly established firm vowing to provide a safe and efficient service.
President Tsai Ing-wen (蔡英文), Premier Chen Chien-jen (陳建仁), former premier Su Tseng-chang (蘇貞昌), Minister of Transportation and Communications Wang Kwo-tsai (王國材) and other officials attended the inauguration ceremony, unveiling the new sign for the nation’s oldest and largest railway system, which has been in operation since 1887.
Tsai said that TRA carried a heavy financial burden because it was charged to operate many unprofitable routes, adding that the significant amount of pension fund contributions that had to be distributed to TRA employees as well as the agency’s asset management added further economic expenses.
Photo: Chen Chih-chu, Taipei Times
The plan to corporatize the railway agency was proposed in 2002 and was scheduled to be completed in 2004, but it did not materialize until after two major fatal derailments in 2018 and 2021, which convinced the public that a comprehensive reform at the agency was necessary.
“It took more than 20 years for the TRA to become a state-run railway corporation. The government had been trying to find the best solutions to minimize the impact of the systematic change on workers while reforming the agency to ensure a safe and stable operation,” Tsai said.
“We thank the families of victims for helping the railway agency transform into a state-run company and push for safety reform,” she said.
The government would continue to subsidize the railway firm to relieve its financial burden and help it develop its properties to ensure efficient, sustainable and safe operations, Tsai said.
TRC chairman Du Wei (杜微) said the company has to raise ticket prices, adding that the prices have not been adjusted for more than 20 years.
“We will make sure that safety and service issues are addressed first, but we begin studying
ticketing-related issues this year. We will also gauge the public’s attitude and suggestions before making any change,” Du said.
The TRA had accumulated a short-term debt of about NT$170 billion (US$5.5 billion), which would now be repaid by a fund established solely for the purpose of servicing the debt, Du added.
“The company now starts from square one. We will pay special attention to our financial
soundness… The company’s cash flow is projected to turn positive by 2026. As for the accounting, the financial statement is expected to turn from a loss to a profit in 2028 due to huge depreciation write-offs,” he said.
Du also said that the company has a staffing shortage of about 1,000 to 1,100 people, adding that the staff would soon be replenished with new employees recruited during the second half of next year.
New employees would undergo intensive educational training before they can officially be placed on duty, he said.
As the Taiwan Railway Union is scheduled to vote on whether to go on strike during the Lunar New Year holiday, Du said that the company would negotiate with the union as quickly as possible.
The inspection equipment and data transmission system for new robotic dogs that Taipei is planning to use for sidewalk patrols were developed by a Taiwanese company, the city’s New Construction Office said today, dismissing concerns that the China-made robots could pose a security risk. The city is bringing in smart robotic dogs to help with sidewalk inspections, Taipei Deputy Mayor Lee Ssu-chuan (李四川) said on Facebook. Equipped with a panoramic surveillance system, the robots would be able to automatically flag problems and easily navigate narrow sidewalks, making inspections faster and more accurate, Lee said. By collecting more accurate data, they would help Taipei
TAKING STOCK: The USMC is rebuilding a once-abandoned airfield in Palau to support large-scale ground operations as China’s missile range grows, Naval News reported The US Marine Corps (USMC) is considering new sites for stockpiling equipment in the West Pacific to harden military supply chains and enhance mobility across the Indo-Pacific region, US-based Naval News reported on Saturday. The proposed sites in Palau — one of Taiwan’s diplomatic allies — and Australia would enable a “rapid standup of stored equipment within a year” of the program’s approval, the report said, citing documents published by the USMC last month. In Palau, the service is rebuilding a formerly abandoned World War II-era airfield and establishing ancillary structures to support large-scale ground operations “as China’s missile range and magazine
A 72-year-old man in Kaohsiung was sentenced to 40 days in jail after he was found having sex with a 67-year-old woman under a slide in a public park on Sunday afternoon. At 3pm on Sunday, a mother surnamed Liang (梁) was with her child at a neighborhood park when they found the man, surnamed Tsai (蔡), and woman, surnamed Huang (黃), underneath the slide. Liang took her child away from the scene, took photographs of the two and called the police, who arrived and arrested the couple. During questioning, Tsai told police that he had met Huang that day and offered to
A British man was arrested for attempting to smuggle 14.37kg of marijuana into Taiwan through Taiwan Taoyuan International Airport, Taipei Customs said late yesterday. The man, who arrived from Bangkok at 9pm on Friday, was asked by customs officers to open his luggage during a random inspection, Taipei Customs said in a news release. The passenger, whose identity was not disclosed, refused to open his suitcase and tried to flee the restricted area. He was eventually subdued by three customs officials and an Aviation Police Bureau officer. A later search of his checked luggage uncovered 14.37kg of marijuana buds. The case was handed over
RSS