Greater China
Taiwan ports set ambitious targets
Taipei: Premier Sean Chen has told the Ministry of Transportation and Communications (MOTC) to work alongside the Taiwan International Ports Corporation (TIPC) to implement a five-year plan to revitalize the island’s ports and maximize cross-strait shipping possibilities. Chen said Taiwanese ports should look at advanced overseas ports for ideas about how to grow. The aim is to have a combined box throughput across the island of 18m teu by 2016. TIPC has earmarked US$2.2bn to achieve its 2016 targets. In 2011 the island handled around 11.5m teu in total. [04/10/12]