At the Cabinet meeting today, the Ministry of Economic Affairs (MOEA) reported on the strategies and progress of promoting innovation and value-added services in Taiwan's logistics industry.
Premier Jiang Yi-huah stated that in recent years the MOEA has been building up cold-chain logistics services and boosting exports of processed foods and agricultural and fishery products. The MOEA has also assisted businesses to expand globally and provided cloud computing services to help integrate supply chains and keep businesses rooted in Taiwan. According to the World Bank's 2012 Logistic Performance Index, Taiwan ranked 19 worldwide, an achievement that bodes well for the nation on the global scene.
The premier noted that the strengths of Taiwan's logistics companies lie in excellent systems management and technological applications, as well as in providing nimble and quality service. They should capitalize on opportunities to work with other corporations that are developing global businesses, Jiang said. The MOEA, meanwhile, should implement strategies from the Executive Yuan's "Three Industries, Four Reforms" plan to upgrade technology for these companies and help them deploy globally. The premier asked other ministries and agencies to help create international logistics opportunities, enhance the competitiveness of Taiwan's companies, and explore potential markets.
In cross-strait cold-chain logistics, for example, the MOEA has united local enterprises in developing freshness preservation and quality management technologies for intra-city, inter-city and cross-strait movement of goods. Having grown in scale, these businesses are now competing in mainland China and other parts of the world.
In addition, the MOEA is helping enterprises develop innovative services such as multi-temperature joint distribution, freight consolidation, and freshness preservation value-added logistics. These services have provided a boon for Taiwan's businesses and improved the quality and value of their products.
From 2011 to 2012, Taiwan's cold-chain logistics companies generated more than NT$200 million (US$6.8 million) in revenue and distributed NT$1.7 billion (US$57.9 million) worth of processed foods, fish and agricultural products, and traditional Chinese and Western medicine.