Cabinet leaning toward corporatization for TRA
Apr 10, 2021
Taipei Times
Excerpt
The Executive Yuan favors corporatization, but not privatization, of the Taiwan Railways Administration (TRA), following the model of Chunghwa Post Co, which remains a 100 percent state-owned company under the Ministry of Transportation and Communications, sources said yesterday.
The issue of reforming the TRA has come to the fore again after a fatal train crash on Friday last week in which 50 people were killed and more than 200 were injured.
Premier Su Tseng-chang (蘇貞昌) on Thursday pledged to speed up the TRA’s restructuring.
How to make train rides safer, resolve the agency’s deficit and raise its efficiency are key issues that would determine what operational model it should adopt, sources said.
There are no plans at present to turn the TRA into a company, Minister of Transportation and Communications Lin Chia-lung (林佳龍) said on Thursday, adding that the agency must first undergo an organizational restructuring before the government would consider corporatizing it.
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