Independent journal on economy and transport policy
12:55 GMT+1
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Taiwan is preparing to introduce a 10% percent increase in port taxes
The tariffs have been unchanged for 24 years
May 31, 2022
Remained unaffected for 24 years, the value of port fees charged in Taiwan ports will be increased by about 10%. Lee Hsien-Yi, president of the Taiwan International Ports Corporation (TIPC), the government agency that runs the national port scans, said the plan to adapt port tariffs will be communicated to the Ministry of Transport and Communications, which owns TIPC, to enter into force six months after it is approved.
Hsien-Yi pointed out that if the consumer price index rose to 25% percent in the past 24 years, port taxes were not raised in the period of time, while a rise in prices was now needed to allow for an improvement in the port services and an adjustment of the wages of port workers.
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