Taiwan to launch privately funded industrial parks in the United States with government support

Taiwan's Ministry of Economic Affairs revealed a strategy to develop industrial parks on U.S. soil, relying on private capital while the government provides support such as loan guarantees and coordination with federal and local authorities. Each park is projected to cost between US$2 billion and US$4 billion. The plan, coordinated with the Taiwan Electrical and Electronic Manufacturers' Association, targets small and medium-sized firms that supply TSMC and AI server producers like Foxconn.

Minister Kung Ming-hsin said the first site will be in Texas, and details on land acquisition will be released later. Foxconn's Young Liu noted that additional locations could include Arizona, Mexico, Poland and India, aiming to expand Taiwanese supply-chain capabilities overseas.