Taiwan approves port expansion plan
29 August 2012A TND 66bn (USD 2.2bn) expansion plan for Taiwan’s international ports has been approved by the Republic of China’s Council for Economic Planning and Development (CEPD) for Taiwan.
Under the five-year programme significant investment will made to upgrade port infrastructure and will include a new container facility for Kaohsiung port.
State-run operator Taiwan International Ports (TPI) runs the country's international ports -- Keelung, Taichung, Kaohsiung, and Hualien -- and has called for a TND 50.7bn (USD 1.69bn) investment for current projects, and a further TND 15.3bn (USD 0.5bn) for future projects.
