The Aerotropolis development will be pursued through a partnership of Taoyuan County, Taiwan's MOTC and the new airport company. To date, TTIA has been managed by a bureaucratic agency run largely by civil servants who lack autonomy, speed and agility in making strategic decisions.

This bureaucratic structure will be replaced in late 2010 by a more business-like organisation called the Taoyuan International Airport Corporation (TIAC), Ltd.

Though remaining a subsidiary of the Taiwan government, the new airport corporation will be freed from much of the bureaucratic red tape hindering efficient responses to commercial opportunities and challenges.

It will therefore be able to negotiate and execute contracts with concessionaires, consulting firms and construction companies in a quick, more agile fashion. It will also be able to hire and promote talented individuals based on performance.

In short, the new airport company is set up to do business the way business does business. It is anticipated that TIAC will eventually be listed on the Taiwan Stock Exchange Corporation, enabling private sector investment and returns which should further encourage improved airport performance.

Privatisation (partial or full) could also provide additional airport revenues for future facility modernisation and infrastructure expansion. The new airport company is expected to coordinate closely with those involved in broader aerotropolis development. This will promote stronger synergies between inside-the-fence and outside-the-fence developments.