Taiwan approves port expansion plan

29 August 2012

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A 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.