Taiwan approves $2.2bn in port development projects

Taiwan has approved a $2.2bn expansion plan to upgrade seven seaports under a five-year development programme, Seatrade Asia online reports.

The Council for Economic Planning and Development (CEPD) approved the budget last week after the plan was submitted by Taiwan International Ports Corporation (TIPC).

Kaohsiung port will benefit from the development of the phase two of its international container terminal and a land development project. Keelung port will develop its passenger zone, commercial district and roadways.

The port of Taipei will carry out land reclamation and dredging operation while Taichung port will build three bulk/general cargo terminals, public warehouse facilities and one multipurpose terminal.

The ports of Hualien, Annping and Suao will spend on infrastructure maintenance, according to TIPC.

“The project will be a major step for long term development by extending port facilities and increasing operation capabilities,” TIPC said.