Federal Express has signed an agreement with the Taiwan Government to open a transshipment centre at CKS International Airport in Taipei by August.
Michael Ducker, senior vice-president for the company's Asia Pacific division, said: 'The FedEx transshipment centre will greatly increased our efficiency within Taiwan, and this is very good news for our customers.' He said the centre would contribute significantly to Taiwan's competitiveness in attracting further foreign investment.
Mr Ducker expressed his interest in working closely with the Taiwan Government on the second cargo terminal development planned for the airport.
'The second terminal is crucial to helping FedEx meet both the different needs of our customers and the continuous growth of our business in Taiwan,' he said.
He hoped the bold steps in liberalisation taken by the Taiwan authorities by approving the FedEx transshipment centre would carry over to the telecommunications industry, customs and intermodal trucking.
These were three important areas where liberalisation was essential if the shipping public in Taiwan was to enjoy the same high-quality services in - and remain competitive with - other major trading centres such as Japan, Korea and the Philippines, John Quinn, vice-president for FedEx's China and mid-Pacific region, said.