The government is to set up a professional team to help the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) and other industry associations establish high-tech parks overseas, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday.
The ministry has learned from industry groups, such as TEEMA, that their member companies intend to expand globally, and the government would fully support them by creating a cross-ministerial professional team, Kung said.
Kung on Monday met with leaders from major industry associations, including TEEMA chairman Young Liu (劉揚偉).
Photo: CNA
Liu, chairman of Hon Hai Precision Industry Co (鴻海精密), said at the time that TEEMA would cooperate with the government and help establish technology parks in the US, Mexico, Poland or India to help Taiwanese firms bypass US tariffs.
As such work involves park development, operational management, tenant support and supply chain assistance, as well as communication with local authorities on infrastructure issues, such as water, electricity and roads, it would be better for the government to handle negotiations, Kung said yesterday.
With a US federal appeals court ruling last week that many of US President Donald Trump’s tariffs were illegal, Kung said Taiwanese industries might face fewer challenges if the US Supreme Court upholds the lower court’s ruling, prompting the US government to change its tariff policy.
Still, the ministry would continue to provide financial support, promote structural transformation and help companies expand into other markets, with most policies expected to remain on schedule, he said, adding that he learned during recent visits about the difficulties machine tool makers and other companies in traditional industries face.
Aside from tariffs, traditional industries face a host of other challenges, he said, adding that the ministry would do its best to assist heavily affected industries.
Kung reiterated that the ministry would provide key data on large-scale layoffs and difficulties confronting traditional industries, and small and medium-sized enterprises, when government-backed minimum wage and electricity rate committees meet in the coming weeks.
The ministry would also discuss potential measures with the Ministry of Labor to help industries facing greater challenges, Kung added.
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