Far Eastern Electronic Toll Collection

Far Eastern Electronic Toll Collection Co., Ltd. (FETC; Chinese: 遠通電收股份有限公司), commonly known as 遠通電收, is a Taiwanese company that develops and operates electronic toll collection (ETC) systems. It is the entity behind Taiwan's nationwide freeway electronic toll collection programme, which moved the country's national highways to fully distance-based electronic charging. FETC operates under a government concession: it was commissioned by the National Freeway Bureau (國道高速公路局) under the Ministry of Transportation and Communications to implement the freeway ETC project. The company is affiliated with the Far Eastern Group, one of Taiwan's major diversified conglomerates. Its best-known service is the freeway ETC system, which uses on-board units and RFID-based detection to charge drivers without stopping at toll booths. The full distance-based electronic toll collection on the national freeways was officially launched on 30 December 2013. FETC's original concession contract was set to expire on 21 December 2025, but the 'Private Participation in the Construction and Operation of the Freeway Electronic Toll Collection System' (ETC案) priority negotiation with the company was completed on 26 April 2024, with a new contract signed by the end of May and a new ten-year term running to 2035. The company's official website is fetc.net.tw.

Far Eastern Electronic Toll Collection Co., Ltd. (FETC) is a Taiwanese electronic road toll collection (ETC) system developer and operator. It was commissioned by Taiwan's National Freeway Bureau under the Ministry of Transportation and Communications to carry out the freeway electronic toll collection project, under a concession arrangement known as the 'Private Participation in the Construction and Operation of the Freeway Electronic Toll Collection System' (ETC案). The company is associated with the Far Eastern Group. Its principal achievement is the nationwide freeway ETC system, which replaced manual toll booths with electronic, distance-based charging on Taiwan's national highways. Full distance-based electronic toll collection on the national freeways officially began on 30 December 2013. The original concession contract was scheduled to expire on 21 December 2025. On 26 April 2024, the priority negotiation for a renewed contract under the ETC案 was completed, with signing expected by the end of May 2024; the new contract has a ten-year term extending to 2035.

• Full distance-based electronic toll collection on Taiwan's national freeways officially launched.

• Priority negotiation for the renewed ETC concession completed.

• New ten-year ETC contract expected to be signed by end of May, running to 2035.

• Original ETC concession contract scheduled to expire.

Government-concession operator of Taiwan's national freeway electronic toll collection system, affiliated with the Far Eastern Group.

• Freeway electronic toll collection (ETC) system

• On-board unit (OBU)

1. 1Far Eastern Electronic Toll Collectionwikidata.org
2. 2遠通電收zh.wikipedia.org