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Call for Germany and Taiwan to jointly boost their logistics industries
Release time：
2018-10-24
Browsing：1257次
A
REPORT by the German Trade Office Taipei is calling on Taiwan and Germany to
collaborate to boost their logistics industry.
Taiwan and Germany, which this year ranked 27th and first in the World Bank's Logistics Performance Index respectively, have some of the world's busiest port facilities. The Port of Kaohsiung was last year ranked the world's 15th busiest, handling 10 million TEU, closely followed by Hamburg, which ranked 18th, handling nine million TEU.
That makes Taiwan and Germany natural partners in the logistics industry and cooperation between the two sides' logistics companies offers mutual benefits, said German Trade Office Taipei executive director Axel Limberg, reported the Taipei Times.
"As Germany is leading in logistics performance and Taiwan is looking to modernise its logistics infrastructure, exchange of experience will not only enable bilateral firms to learn from each other but also strengthen the economic ties between Germany and Taiwan," MrLimberg said.
Taiwanese authorities have been promoting the nation's logistics industry and have invested in its expansion, modernisation and adoption of related infrastructure, the report said
The industry is important for the manufacturing sector and plays a crucial role in meeting the rapidly growing demand to deliver products purchased online, it said.
As maritime logistics infrastructure has great significance in foreign trade for an island nation, harbours should be transformed into integrated transportation hubs if the government is serious about developing Taiwan into a regional hub in Asia, the report said.
Taiwan is Germany's fifth-largest trading partner in Asia, while Germany is the top trading partner for Taiwan in the EU, the report said, adding that bilateral trade last year reached US$15.6 billion.
Taiwan and Germany, which this year ranked 27th and first in the World Bank's Logistics Performance Index respectively, have some of the world's busiest port facilities. The Port of Kaohsiung was last year ranked the world's 15th busiest, handling 10 million TEU, closely followed by Hamburg, which ranked 18th, handling nine million TEU.
That makes Taiwan and Germany natural partners in the logistics industry and cooperation between the two sides' logistics companies offers mutual benefits, said German Trade Office Taipei executive director Axel Limberg, reported the Taipei Times.
"As Germany is leading in logistics performance and Taiwan is looking to modernise its logistics infrastructure, exchange of experience will not only enable bilateral firms to learn from each other but also strengthen the economic ties between Germany and Taiwan," MrLimberg said.
Taiwanese authorities have been promoting the nation's logistics industry and have invested in its expansion, modernisation and adoption of related infrastructure, the report said
The industry is important for the manufacturing sector and plays a crucial role in meeting the rapidly growing demand to deliver products purchased online, it said.
As maritime logistics infrastructure has great significance in foreign trade for an island nation, harbours should be transformed into integrated transportation hubs if the government is serious about developing Taiwan into a regional hub in Asia, the report said.
Taiwan is Germany's fifth-largest trading partner in Asia, while Germany is the top trading partner for Taiwan in the EU, the report said, adding that bilateral trade last year reached US$15.6 billion.