City
Epaper

FETC International's MD Dr. Y.C. Chang Honored with the "Master Entrepreneur Award" at APEA 2024

By ANI | Updated: September 16, 2024 10:25 IST

PRNewswireTaipei [Taiwan], September 16: The Asia Pacific Enterprise Awards (APEA), one of the region's most prestigious recognitions for ...

Open in App

PRNewswire

Taipei [Taiwan], September 16: The Asia Pacific Enterprise Awards (APEA), one of the region's most prestigious recognitions for business leadership, held its 2024 awards ceremony on September 13 in Taipei. After rigorous evaluation, leaders demonstrating exceptional contributions and management skills across the Asia Pacific were selected. Dr. Y.C. Chang, Managing Director of FETC International, was recognized for his visionary leadership in driving Taiwan's electronic toll collection (ETC) system and smart parking services through digital transformation and green mobility. This marks another global recognition after receiving the Hall of Fame Lifetime Achievement Award at the 2023 ITS World Congress.

Dr. Chang, upon receiving the award, emphasized the significance of green and smart transportation as a global trend for sustainability. He highlighted FETC's commitment to implementing Chairman Douglas Hsu's vision of making Taiwan's transportation systems more user-friendly and eco-conscious, contributing to energy efficiency and carbon reduction. FETC's recent expansion of ETC services into parking solutions is a testament to this commitment, as it integrates driving, parking, and vehicle use, benefiting millions of drivers across Taiwan.

Furthermore, Dr. Chang shared FETC's internal transformation journey, emphasizing the shift in talent development, from operational to entrepreneurial and service-oriented teams. This strategic talent shift has become a cornerstone of FETC's success, creating a culture of innovation within the company.

He stated, "In this era of digital transformation, where businesses strive to stand out, this award is not just a recognition of individual leadership, but a testament to the nearly 20-year journey of the entire FETC team and our collaborative partnerships with the government."

The APEA jury commended Taiwan's Multi-Lane Free-Flow (MLFF) ETC system as a model of intelligent transportation in Asia, praising Dr. Chang's foresight in expanding ETC services beyond highways and spearheading the export of Taiwan's ITS technology to countries like Thailand, Malaysia, and India, creating sustainable green transportation solutions across Southeast Asia.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other Sports3rd Test: India would back themselves to chase down 240-250, says Dinesh Karthik

EntertainmentAnanya Panday welcomes Jaggu Dada to the 'Tu Meri Main Tera Main Tera Tu Meri' family

Other SportsWimbledon: Kudermetova and Mertens capture women’s doubles title

NationalTamil Nadu BJP alleges misuse of temple funds

EntertainmentDelhi CM Rekha Gupta arrives at Anupam Kher's 'Tanvi The Great' premiere in Delhi

Business Realted Stories

BusinessTime taken for tax refunds in India cut from 3 months to 17 days in last 11 years

BusinessStartup funding stands at $95 million this week

BusinessSula Vineyards' revenue falls 7.9 pc in Q1; stock drops nearly 40 pc in 1 year

BusinessGold, silver prices surge this week; silver crosses Rs 1.10 lakh per kg

BusinessGovernment relaxes FGD mandate for thermal power plants, energy cost may come down by 25-30 paisa/kWh