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The Ministry of Transportation and Communications aims to transform the Taiwan Railways Administration (TRA) from a government agency into a state-run corporation by January 2024, Minister of Transportation and Communications Wang Kwo-tsai (王國材) said yesterday. Wang told reporters on the sidelines of a ceremony in Keelung that the ministry plans to submit the draft statutes governing the establishment of Taiwan Railways Corp (台鐵公司化條例) for review at the next legislative session, which begins on Friday. “I have in recent months met with TRA workers across the nation and exp...

By Shelley Shan / Staff reporterThe Executive Yuan yesterday finalized a plan to construct the Keelung MRT Line, which would connect Taipei’s Nangang Station （南港） to Keelung’s Badu Station （八堵）, with about 77 percent of the costs to be paid by the central government.

The Executive Yuan yesterday finalized a plan to construct the Keelung MRT Line, which would connect Taipei’s Nangang Station (南港) to Keelung’s Badu Station (八堵), with about 77 percent of the costs to be paid by the central government. Premier Su Tseng-chang (蘇貞昌) made the announcement yesterday morning during an inspection tour in Keelung. Building the Keelung metropolitan rail system is important, as it affects transportation, industrial development and tourism in Taipei, Keelung and New Taipei City, Su said. People have been waiting 30 years for the plan to be finalized, a...

By Shelley Shan / Staff reporterThe Ministry of Transportation and Communications aims to transform the Taiwan Railways Administration （TRA） from a government agency into a state-run corporation by January 2024, Minister of Transportation and Communications Wang Kwo-tsai （王國材） said yesterday.

Minister of Transportation and Communications Wang Kwo-tsai (王國材) yesterday pledged to help Taoyuan International Airport Corp (TAIC) raise funds after financial losses at the state-run company are expected to increase due to travel to the nation remaining restricted. Wang made the remarks after local media reported that the operator of Taiwan Taoyuan International Airport is on the brink of bankruptcy and would next month need help from the Ministry of Transportation and Communications (MOTC) to secure a NT$10 billion (US$358.78 million) loan. “We will assist the company in raising t...