Distinctive geographic location
The Shining Star in East Asia - Taiwan Free Trade Zone
The geographic pivot of East Asia in Logistics
Taiwan is the geographic pivot of East Asia, and connects to 7 major cities in the West Pacific by just 2.55 hours by air. The average time for sea transport between Kaohsiung Port, the largest international seaport of Taiwan, to 5 major ports in Asia (Hong Kong, Manila, Shanghai, Tokyo, Singapore) is just 53 hours. After China and Taiwan activated direct transport links, Taiwan is located in the middle of the duo-golden route in Asia-Pacific. Taiwan conveniently links to Tokyo, Seoul, and Russia in the north, to Shanghai and Nanjing in the west, to Hong Kong, Singapore and the ASEAN countries in the south. Taiwan is also strategically located in Asia economically, and helps to connect Europe, America, Japan, and the newly emerged market in Asia Pacific. Taiwan is the first choice of multinational corporations in setting up their operation headquarters in Asia Pacific.
Development of global logistic management for strengthening the competitive advantage of the enterprises
Taiwan Free Trade Zones are positioned at the development of global logistic management operation and proactively promote the liberalization and internationalization of trade to upgrade the national competitive power and economic development. Through these efforts, Taiwan can remove the barriers to material flows, business flows, and human resources flows in cross-boundary operation of the enterprises. By integrating the functions of seaports and airport to meet the needs of supply chain management, Taiwan can help to strengthen the competitive edge for enterprises. Taiwan has a stable legal environment and good quality labor population, strong manufacturing capacity and distinguished geographic location, which together allow for an excellent opportunity for the development of the free trade zone.
Taiwan is the first choice for free trade zones at seaports
On December 15 2008, China opened 63 seaports and Taiwan opened 11 seaports for direct sea transport. These ports are Keelung (including Taipei), Kaohsiung (including AnPing), Taichung, HuaLien, MaiLiao, BuDai, LiaoLuo and ShuiTou at Kinmen, FuAo and BaiSha in MaTsu, and MaGong in PengHu. The cost of air and marine freight has substantially been reduced to a reasonable level ever since the official launch of direct links in maritime transport between China and Taiwan. Similarly, goods can be quickly delivered overnight. In addition, Taiwan has cut her profit-seeking enterprise income taxfrom 25% to 17% and has entered into the ECFA with China in 2010. These practices effectively contribute to the operation efficiency of Taiwan Free Trade Port and attract multinational corporations to establish their operation headquarters or dispensing centers in Taiwan more quickly than ever.