Taiwan Roads and Highways Tenders

Taiwan's roads and highways market is undergoing a significant transformation, driven by rising demand for smarter and more efficient infrastructure. The market size is projected to reach $18.52 billion by
2027, growing at a CAGR of 18.2%. This growth is fuelled by government initiatives to improve transportation infrastructure and develop smart highway systems.

The Taiwan government is a major player in the roads and highways market, investing heavily in new construction and maintenance projects. In 2023, the government allocated $6.9 billion to the highways sector, with a focus on improving safety and reducing traffic congestion.

The main products and services procured by the Taiwan government for roads and highways include:
Construction materials: asphalt, concrete, steel, etc.
Construction equipment: excavators, bulldozers, cranes, etc.
Traffic management systems: cameras, sensors, software, etc.
Maintenance services: paving, bridge repair, signage installation, etc.

The key government authorities responsible for roads and highways procurement in Taiwan are:
Ministry of Transportation and Communications (MOTC): Sets policies and regulations for the development and maintenance of the national highway network.
Directorate General of Highways (DGH): Implements MOTC policies and oversees the construction and maintenance of national highways.
Public Construction Commission (PCC): Oversees public construction projects, including roads and highways.

Some of the top winners of recent roads and highways procurement projects in Taiwan include:
Far Eastone Telecommunications: $18 million contract for a smart highway system deployment project.
Chunghwa Telecom: $16 million contract for a highway traffic management system project.
China Steel Corporation: $12 million contract for steel supplies for a highway construction project.
Farglory Group: $10 million contract for maintenance services on a major highway bridge.

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