Taiwan's MOF (Ministry of Finance) has modified the regulation of bonded warehouses, allowing companies to deposit imported goods outside a logistic center under certain conditions, without unpacking them. Applicants will have to manage their own centers. In addition to saving time and reducing transportation, construction, and re-packaging costs, the new regulation will cut the defect rate of TFT-LCD panels, which require high-speed logistics and dust-free transportation. In response to the regulation, Taiwanese CMO has planned to set up an outdoor logistic center with NT$300 million in southern Taiwan to provide global logistic for the companies in that area.