TIPC Chairman Wants Kaohsiung To Recapture Past Glory
March 4, 2022Taiwan International Ports Corporation (TIPC) marked its 10th anniversary on 1 March and its chairman said he hopes the island’s main container port Kaohsiung can regain its former glory.
Once among the world’s 10 busiest container ports, the growth of China’s economy and increasing container traffic to that country saw Kaohsiung being relegated. In 2020, Kaohsiung was ranked 15th among container ports, with 9.62 million TEU handled. Last year, throughput is estimated to have gone up to 9.88 million TEU.
TIPC chairman Lee Hsien Yi targets Taiwan’s ports to handle a throughput of 15.33 million TEU, of which Kaohsiung is expected to contribute 10.45 million TEU. TIPC also said that every five years, around US$1.78 billion will be invested to maintain the ports’ competitiveness, adding that green energy and smart ports are among the directions taken.
Currently, Kaohsiung’s No. 7 Terminal, which will be leased to Evergreen Marine Corporation, is being developed and will be handed over to the latter in June and in 2023. The terminal could boost Kaohsiung’s throughput by 4.5 million TEU.
From Container News