Far Eastern Electronic Tolling Company (FETC) is one of 200 affiliated companies from Far Eastern Group (FEG).FEG has always taken "trustworthiness" as the guiding principle of the business management and enshrined "Sincerity, Diligence, Thrift, Prudence, and Innovation" as its founding motto. FEG successfully develops and manages variable businesses in communication and internet and innovative technology segments.

FETC was founded in 2004 and awarded by Freeway Bureau, MOTC to build and operate the Electronic Toll Collection (ETC) system for the nationwide freeways. In early 2006, FETC successfully launched pass based ETC lanes among 23 toll plazas. Later on, after RFID-based ETC technology was introduced to the public in 2012, the utilization was high enough for Freeway Bureau and FETC to introduce distance-based and multi-lane free flow (MLFF) scheme with 319 gantries to the road users on December 30th 2013. Currently, more than 7 million car users are benefited from the ETC with more than 6 billion transactions. The Taiwan ETC system does not only enable the intelligent transportation environment and better services to the road users but also bring Taiwan to the new era of intelligent of transportation industry.

The Taiwan ETC total solution was mainly developed and provided by FETC and the other two affiliated companies from FEG, YDT Technology International Co. (YDT) and Ding & Ding Management Consultants Co. (DDMC) from frontend RFID supplies and lane controller to back-end solution integrations. YDT is also in a leading position on developing derivative ITS applications on eTag platform including traffic data collection, smart parking, access control, and etc. Besides YDT and DDMC, FETC has also worked with over 30 Taiwan local companies, including engineering design consultants, construction companies, electromechanical equipment suppliers and information & communications technology companies in order to complete this tremendous ETC project. Currently, this team has already started to support planning and designing RFID-based ETC systems overseas.