Gong Mingxin: TEEMA’s first park settled in Texas

Taiwan has rich experience in building industrial parks and science parks. (File photo)

Interviewed by Bloomberg to tighten export controls on AI chips and strictly prohibit shipments to China

Minister of Economic Affairs Gong Mingxin. (Photo by reporter Lin Jinghua)

[Compiled by Wei Guojin, Liao Jianing/Comprehensive Report] Economic Minister Gong Mingxin pointed out in an exclusive interview with Bloomberg that the Taiwanese government plans to build "more than one" industrial park in the United States. The first one is expected to be located in Texas, with a construction cost of up to US$4 billion. Gong Mingxin also stated that he plans to include AI servers and advanced semiconductors in the export control list. After the measures take effect, controlled AI hardware shipped to China will be held accountable in accordance with the Trade Law.

In an exclusive interview with Bloomberg, Minister of Economic Affairs Gong Mingxin pointed out that the Taiwanese government plans to build "more than one" industrial park in the United States, and the first one is expected to be located in Texas, providing a base for AI server suppliers such as TSMC to set up factories in the United States. (Reuters)

AI servers and advanced semiconductors are also managed and held accountable in accordance with trade laws.

The Ministry of Economic Affairs stated that the industrial park plan will be promoted in cooperation with the Electrical and Electronics Association (TEEMA), and will clearly operate under the "industry-funded, government-assisted" model. Private enterprises will raise development funds, and the government will provide policy support and administrative assistance. In response to foreign media reports that Taiwan has obtained land for park construction in Texas, the Ministry of Economic Affairs stated that relevant plans are currently being gradually advanced and specific details will be announced at an appropriate time.

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Gong Mingxin said in an interview that the purpose of this industrial park plan is to provide Huida's main foundry partner TSMC, as well as small and medium-sized suppliers of large AI server assembly plants such as Hon Hai and Wistron, with a basis for setting up factories in the United States. Although giants such as TSMC and Hon Hai have the ability to independently go to the United States, However, many small and medium-sized manufacturers that produce key components such as chip packaging carrier boards and cooling modules have relatively limited resources. The government hopes to provide necessary operational support by establishing industrial park clusters to help small and medium-sized enterprises overcome the threshold and risks of cross-border deployment.

He emphasized that the construction cost of each park ranges from US$2 billion to US$4 billion. The strategic goal of this plan is to establish a long-term and sustainable supply chain system. In the future, not only Taiwanese companies will benefit, but also local American companies and local workers will participate to create a win-win industrial ecosystem.

Gong Mingxin said that the government support mechanism includes providing loan guarantees to industry players, actively assisting in communicating with U.S. federal and local government officials, and coordinating administrative and institutional problems including visa applications, land acquisition, etc. In addition, as part of the Taiwan-U.S. trade agreement, Taiwan has previously promised to provide a credit guarantee of US$250 billion to further support Taiwanese factories in investing in the U.S. semiconductor and AI industry supply chain.

In addition, Gong Mingxin said that Taiwan is preparing to tighten export controls on artificial intelligence (AI) chips to further align with U.S. restrictions and join the Trump administration in cracking down on the smuggling of cutting-edge semiconductors into China. He said: "Some of our future measures on control items will be consistent with those of the United States because we have made a considerable level of commitments in the Taiwan-U.S. Reciprocal Trade Agreement."

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