Taichung Harbor Free Port to Open for Business by Year-end
The Executive Yuan's Free Port Coordinating Committee gave its approval to the establishment of the Taichung Harbor Free Port on Jan .13. Once the project is approved by the Executive Yuan, Taichung Harbor will become the third free port in Taiwan, after Keelung Harbor and Kaohsiung Harbor.
¡@¡@According to data provided by the Taichung Harbor Bureau, its free port will cover an area of 536 hectares (see Table 1). It will have the largest hinterland among the three free ports that have been approved in Taiwan so far. First-stage development is projected for completion in October this year, and the new free port is to begin operating by year-end. Being located near to the Changhua Coastal Industrial Zone, Tantzu and Taichung Harbor processing zones, and Taichung Science Park, and supported by Cingcyuangang International Airport, Taichung Harbor offers convenient transportation and serves as a cargo hub for central Taiwan. The Taichung Harbor Free Port will focus on expanding the container and bulk cargo businesses, and on the development of a storage and distribution center for chemical and oil products. It will accommodate processing and manufacturing industries, and will promote production, logistics, and processing operations. The Evergreen Group and other enterprises have already expressed an interest in locating in the new free port.
Table 1 Development Area of the Taichung Harbor Free Port
¡@
Stage |
Scope
of Coverage |
Area
(ha) |
Stage
1 |
Pier
1-18 |
181 |
Stage
2 |
Pier
20A-46 |
278 |
|
West
1 ¡V West 7 |
77 |
Total |
|
536 |
Source: Taichung Harbor Bureau, Jan. 13, 2005