Taiwanˇ¦s Free Trade Zones - Taoyuan Air Cargo Park Free Trade Zone Adding Value to High-Value-Added Industries
Taoyuan Air Cargo Park Free Trade Zone Adding Value to High-Value-Added Industries
ˇELocational Advantages
ˇ@ˇ@The Chiang Kai-shek International Airport in Taoyuan is the gateway to Taiwan. It is situated at the crossroads of Northeast and Southeast Asian flight routes, and offers an average flying time to seven major Asia-Pacific cities of just two hours and 55 minutes. The Taoyuan Air Cargo Park Free Trade Zone covers an area of approximately 45 hectares at the eastern edge of the airport. One of its most notable features is a dedicated linking roadway to the aircraft aprons, crossing over Nankan Stream and Provincial Highway 4 to connect to the apron control area. In the future, this road will be like an umbilical cord that makes the air cargo park a virtual extension of the airport control area and heighten its overall land-use value. Enterprises that move into the park will be able to make use of its advantageous positioning to save land shipping time and shorten processing time for import, export, and transshipped goods. It will also allow international express parcel companies to deliver goods to other destinations quickly.
ˇEIndustrial Development and Special Features
ˇ@ˇ@The Taoyuan Air Cargo Park Free Trade Zone is one of the largest projects involving private investment in infrastructure that are being carried out in Taiwan today. This staged project covers a very large area of land and calls for an investment of more than NT$20 billion. The first stage was completed at the end of 2005, with formal operation beginning on Jan. 1, 2006. The entire air cargo park is to be completed by Dec. 31, 2018. The park is divided into two parts, a general cargo park and a free trade zone, and will have a cargo terminal, warehouse and office building, value-added park, and distribution and logistics centers. Access by a dedicated linking roadway will greatly reduce the time required for goods to clear customs.
ˇ@ˇ@The Taoyuan Air Cargo Park FTZ is near to the Hsinchu Science Park, Linkou Industrial Zone, Jhongli Industrial Zone, Guanyin Industrial Zone, and Wugu Industrial Zone, and will offer services to handle the import and export of raw materials and finished products for the different industrial zones as well as related logistics and value-added services.
ˇEProspects
ˇ@ˇ@In the future, the Taoyuan Air Cargo Park FTZ will work with the Keelung FTZ and Taipei FTZ to make full use of its geographic advantage through the sea/air joint-shipping supply-chain operating model, and will attract high-value-added parts and IT-linked industries. It will become one of the few FTZs in the world that are able to integrate the five functions of air cargo, distribution, adding of value, logistics, and warehousing; and, in this way, it will be able to manifest the key logistical role that Taiwan plays in East Asia. When the FTZ is fully operational, it will be able to handle 1.2 million tons of cargo annually; its value-added park will provide 25,000 jobs, and will generate a production value of NT$800 billion a year.
ˇEContact Information
ˇ@Kevin Tung, Vice President, Far Glory Free Trade Zone Co.
ˇ@Tel: ˇĎ886-3-383-3456
ˇ@Mobile: ˇĎ886-932-244-310
ˇ@Fax: ˇĎ886-3-393-3456
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