An event marking the 13th anniversary of Taiwan International Ports Corp. unveiled the state-sponsored entity’s sustainable development plans Feb. 26 in Kaohsiung City.
According to the Ministry of Transportation and Communications-overseen corporation, the event was attended by MOTC Deputy Minister Lin Kuo-shian, Kaohsiung Mayor Chen Chi-mai, TIPC Chair Lee Hsien-yi and other business representatives.
During his opening remarks, Lin congratulated the firm for reporting record revenues of NT$22.8 billion (US$694.7 million) in 2024, with a net pretax profit of NT$9.95 billion, and anticipated the latter figure would top NT$10 billion this year.
The deputy minister said two ongoing container yard renovation projects and the construction of an access road to Kaohsiung Port will greatly enhance container transport in the city, adding that the MOTC will keep working with TIPC to ensure the sustainable development of Taiwan’s maritime sector.
Chen thanked TIPC for supporting government-sponsored cultural and tourism events at the port, inaugurating a new terminal to accommodate more international cruise ships and cooperating with the government to promote net-zero emissions and digital transition under the Asia New Bay 2.0 project.
The TIPC said renovations of two wharfs at Taichung Port will be completed later this year as part of government efforts to promote offshore wind power development in central Taiwan. The corporation also expects to attract investment totaling NT$3.37 billion this year, which is projected to create 1,300 jobs, it added.
During the event, TIPC also signed an agreement with the Ocean Conservation Administration under the Cabinet-level Ocean Affairs Council on promoting environmental, social and corporate governance practices, the firm said. (SFC-E)
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