Taiwan Motor Transport Company 台灣汽車客運公司 (or simply Taiqi 台汽) was a state-owned enterprise founded in 1980, partly to take advantage of the newly-completed National Freeway 1 國道一號 running along the western coast of Taiwan from Keelung 基隆 to Kaohsiung 高雄. Considerable investments were made into an extensive fleet of vehicles, more than two dozen bus stations, and a massive maintenance depot (previously documented on this blog). Despite enjoying a monopoly on long distance, intercity coach travel, the company struggled to remain profitable in its first decade of operations—and when the market was deregulated and opened to competition in the early 1990s, its fate was sealed. After incurring another decade of losses Taiqi was privatized in 2001 under the name Kuo-Kuang Motor Transport Company 國光汽車客運股份有限公司, which continues to operate today, albeit on a much smaller scale. One consequence of the downsizing that preceded privatization was the closure of the Changhua Bus Terminal in Changhua City 彰化市, the administrative capital of Changhua 彰化. Today it remains derelict, a crumbling relic of the optimistic 1980s hidden in the laneways north of the central railway station.