Taipei: At a recent forum regarding development of ports across the Taiwan Strait which was held in Taipei and is the first of its kind, delegates called for further cooperation between the Chinese mainland and Taiwan to enhance the economic competitiveness of both sides.
Chen Yingming, executive deputy chairman of the mainland-based China Ports & Harbors Association, said as both of the sides are facing various challenges the mainland and Taiwan should make their respective advantages complementary to each other and he called for improved mechanisms and investment environments for the mainland and Taiwan's port and shipping industry.
Bronson Hsieh, vice group chairman at Evergreen Group, said he saw great opportunities in the mainland's Twelfth Five-Year Plan and he predicted this will drive growth in the domestic shipping industry. "This is good news for the whole industry so we should take advantage of it," he added. Taiwan’s recently incorporated ports body is keen to invest in small Chinese boxports while both Cosco and China Merchants have been repeatedly linked with Taiwan terminal buys. [04/12/12]