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

TAIPEI,Sept. 16, 2024/PRNewswire/ -- The Asia Pacific Enterprise Awards (APEA), one of the region's most prestigious recognitions for business leadership, held its 2024 awards ceremony onSeptember 13inTaipei. After rigorous evaluation, leaders demonstrating exceptional contributions and management skills across theAsia Pacificwere selected. Dr. Y.C. Chang, Managing Director of FETC International, was recognized for his visionary leadership in drivingTaiwan'selectronic 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 ChairmanDouglas Hsu'svision of makingTaiwan'stransportation 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 acrossTaiwan.

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 commendedTaiwan'sMulti-Lane Free-Flow(MLFF) ETC systemas a model of intelligent transportation inAsia, praising Dr. Chang's foresight in expanding ETC services beyond highways and spearheading the export ofTaiwan'sITS technology to countries likeThailand,Malaysia, andIndia, creating sustainable green transportation solutions acrossSoutheast Asia.

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SOURCE FETC International