Taiwan once again leads in SelectUSA Investment Summit delegation size; US Under Secretary praises factory construction execution ability
Taiwan has once again sent the largest delegation to the SelectUSA Investment Summit, with Minister of Economic Affairs Kung Ming-hsin reporting a record 207 representatives from 113 Taiwanese companies. The US Under Secretary of Commerce lauded Taiwan's reliable supply chain and execution capabilities, as Taiwan plans significant investments in the US.
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- 📰 Published: May 4, 2026 at 08:18
- 🔍 Collected: May 4, 2026 at 08:31 (13 min after Published)
- 🤖 AI Analyzed: May 4, 2026 at 08:43 (12 min after Collected)
Central News Agency
(Central News Agency reporter Hou Tzu-ying, Washington, 3rd) The scale of Taiwan's delegation to the "SelectUSA Investment Summit" once again topped all participating countries. Minister of Economic Affairs Kung Ming-hsin, who led the delegation to the US, stated today that 113 Taiwanese companies participated, with a total of 207 representatives, setting a new high. The US Under Secretary of Commerce said that Taiwan has established a reliable supply chain and its reputation lies in its execution capabilities.
The 2026 "SelectUSA Investment Summit" is being held from today until the 6th in Maryland, near Washington D.C. The Taipei Economic and Cultural Representative Office in the US held a welcome reception for the Taiwanese delegation at noon, hosted by Representative Alexander Yui. Kung Ming-hsin, Minister of the National Development Council Kung Ming-hsin, and US Under Secretary of Commerce for International Trade William Kimmitt, and AIT Director Raymond Greene, among others, attended.
Taiwan and the US signed a memorandum of understanding on investment cooperation in January. Kimmitt stated in his speech at the reception today that this is not just a trade agreement, but also reshapes the strategic and economic partnership between the two sides, based on trust and shared strength.
"Taiwan knows how to build," Kimmitt pointed out, adding that Taiwan has established the world's most advanced semiconductor ecosystem and a precise and reliable supply chain. Its reputation lies in its execution capabilities, not just announcing plans, but delivering tangible results. "This is why this agreement is so important."
According to the agreement, Taiwan has agreed to commit two different types of capital to invest in the United States. One is US$250 billion in independent investment by Taiwanese enterprises, including investments in semiconductors, AI applications, Electronic Manufacturing Services (EMS), energy, and other industries. The second type is the Taiwanese government supporting financial institutions with a credit guarantee to provide corporate credit lines of up to US$250 billion.
In addition, Kung Ming-hsin told the media before the reception that Taiwan once again became the largest delegation at the "SelectUSA Investment Summit" this year. There were 113 companies and a total of 207 representatives, exceeding 200 people for the first time and setting a new record, showing that Taiwanese enterprises are very willing to invest in the United States.
He stated that in addition to leading the delegation to inspect the US investment environment, the Taiwanese government also needs to establish a mechanism with the US to assist Taiwanese manufacturers in successfully settling in the US. Before arriving in Washington D.C. this time, he first led a delegation to Arizona and reached a consensus with the local state government and Phoenix city government that Taiwan will establish a trade and investment service center there and set up a single point of contact with the state and city governments to assist Taiwanese manufacturers interested in investing locally.
Kung Ming-hsin revealed that one of the delegation members, the Taiwan Electrical and Electronic Manufacturers' Association, mainly hoped to use this opportunity to survey Arizona to find suitable locations for industrial clusters. During his time in Phoenix, he also visited TSMC's Arizona plant, noting that the construction speed is very fast and some supply chains have already begun to be established.
Minister of the National Development Council Yeh Chun-hsien, who accompanied the delegation, stated that the National Development Fund will provide financing guarantees for Taiwanese enterprises interested in investing in the US. Applications are expected to open at the end of May, with the first phase planning approximately US$50 billion in credit, provided by the National Development Fund in conjunction with Taiwanese financial institutions. If the utilization rate exceeds 80%, the next phase will automatically commence.
Furthermore, when asked by the media about the impact of the US Supreme Court's ruling that former President Donald Trump had no authority to impose global tariffs under the International Emergency Economic Powers Act (IEEPA) on the reciprocal trade agreement between Taiwan and the US, Kung Ming-hsin responded that Taiwan continues to maintain contact with the US Department of Commerce and also has good communication channels with the Office of the United States Trade Representative (USTR). Everyone has a consensus that "we hope the results already negotiated can be continuously maintained."
Kung Ming-hsin pointed out that his participation in the "SelectUSA Investment Summit" in the US this time mainly focused on investment-related issues. In addition to attending the investment summit, he also planned to visit units such as the Department of Commerce, hoping to establish a government-to-government mechanism to assist Taiwanese SMEs or large enterprises' supply chains in investing in the US.
He also emphasized the importance of avoiding double taxation for Taiwanese manufacturers investing in the US. The US House of Representatives has already passed the "US-Taiwan Expedited Double Taxation Relief Act," which awaits scheduling by the Senate. During this visit to Washington D.C., he plans to meet with the US Treasury Department and federal senators, hoping to "get this case scheduled as soon as possible."
The "SelectUSA Investment Summit" is an annual heavyweight event hosted by the US Department of Commerce, aimed at attracting foreign direct investment (FDI) and promoting connections between international businesses and the US market. Each summit brings together high-ranking officials from the US federal government, state and local economic development agencies, industry leaders, and corporate executives to collectively discuss the US investment environment, industry trends, and business opportunities. (Edited by Chang Chih-hsuan) 1150504
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(Central News Agency reporter Hou Tzu-ying, Washington, 3rd) The scale of Taiwan's delegation to the "SelectUSA Investment Summit" once again topped all participating countries. Minister of Economic Affairs Kung Ming-hsin, who led the delegation to the US, stated today that 113 Taiwanese companies participated, with a total of 207 representatives, setting a new high. The US Under Secretary of Commerce said that Taiwan has established a reliable supply chain and its reputation lies in its execution capabilities.
The 2026 "SelectUSA Investment Summit" is being held from today until the 6th in Maryland, near Washington D.C. The Taipei Economic and Cultural Representative Office in the US held a welcome reception for the Taiwanese delegation at noon, hosted by Representative Alexander Yui. Kung Ming-hsin, Minister of the National Development Council Kung Ming-hsin, and US Under Secretary of Commerce for International Trade William Kimmitt, and AIT Director Raymond Greene, among others, attended.
Taiwan and the US signed a memorandum of understanding on investment cooperation in January. Kimmitt stated in his speech at the reception today that this is not just a trade agreement, but also reshapes the strategic and economic partnership between the two sides, based on trust and shared strength.
"Taiwan knows how to build," Kimmitt pointed out, adding that Taiwan has established the world's most advanced semiconductor ecosystem and a precise and reliable supply chain. Its reputation lies in its execution capabilities, not just announcing plans, but delivering tangible results. "This is why this agreement is so important."
According to the agreement, Taiwan has agreed to commit two different types of capital to invest in the United States. One is US$250 billion in independent investment by Taiwanese enterprises, including investments in semiconductors, AI applications, Electronic Manufacturing Services (EMS), energy, and other industries. The second type is the Taiwanese government supporting financial institutions with a credit guarantee to provide corporate credit lines of up to US$250 billion.
In addition, Kung Ming-hsin told the media before the reception that Taiwan once again became the largest delegation at the "SelectUSA Investment Summit" this year. There were 113 companies and a total of 207 representatives, exceeding 200 people for the first time and setting a new record, showing that Taiwanese enterprises are very willing to invest in the United States.
He stated that in addition to leading the delegation to inspect the US investment environment, the Taiwanese government also needs to establish a mechanism with the US to assist Taiwanese manufacturers in successfully settling in the US. Before arriving in Washington D.C. this time, he first led a delegation to Arizona and reached a consensus with the local state government and Phoenix city government that Taiwan will establish a trade and investment service center there and set up a single point of contact with the state and city governments to assist Taiwanese manufacturers interested in investing locally.
Kung Ming-hsin revealed that one of the delegation members, the Taiwan Electrical and Electronic Manufacturers' Association, mainly hoped to use this opportunity to survey Arizona to find suitable locations for industrial clusters. During his time in Phoenix, he also visited TSMC's Arizona plant, noting that the construction speed is very fast and some supply chains have already begun to be established.
Minister of the National Development Council Yeh Chun-hsien, who accompanied the delegation, stated that the National Development Fund will provide financing guarantees for Taiwanese enterprises interested in investing in the US. Applications are expected to open at the end of May, with the first phase planning approximately US$50 billion in credit, provided by the National Development Fund in conjunction with Taiwanese financial institutions. If the utilization rate exceeds 80%, the next phase will automatically commence.
Furthermore, when asked by the media about the impact of the US Supreme Court's ruling that former President Donald Trump had no authority to impose global tariffs under the International Emergency Economic Powers Act (IEEPA) on the reciprocal trade agreement between Taiwan and the US, Kung Ming-hsin responded that Taiwan continues to maintain contact with the US Department of Commerce and also has good communication channels with the Office of the United States Trade Representative (USTR). Everyone has a consensus that "we hope the results already negotiated can be continuously maintained."
Kung Ming-hsin pointed out that his participation in the "SelectUSA Investment Summit" in the US this time mainly focused on investment-related issues. In addition to attending the investment summit, he also planned to visit units such as the Department of Commerce, hoping to establish a government-to-government mechanism to assist Taiwanese SMEs or large enterprises' supply chains in investing in the US.
He also emphasized the importance of avoiding double taxation for Taiwanese manufacturers investing in the US. The US House of Representatives has already passed the "US-Taiwan Expedited Double Taxation Relief Act," which awaits scheduling by the Senate. During this visit to Washington D.C., he plans to meet with the US Treasury Department and federal senators, hoping to "get this case scheduled as soon as possible."
The "SelectUSA Investment Summit" is an annual heavyweight event hosted by the US Department of Commerce, aimed at attracting foreign direct investment (FDI) and promoting connections between international businesses and the US market. Each summit brings together high-ranking officials from the US federal government, state and local economic development agencies, industry leaders, and corporate executives to collectively discuss the US investment environment, industry trends, and business opportunities. (Edited by Chang Chih-hsuan) 1150504
Choose to stand with facts, every sponsorship is the power to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.