In line with the NSP, the Public Construction Commission collaborates with various government agencies to help domestic engineering firms extend their international reach, which also help drive infrastructure advancements in NSP countries.
Between 2016 and 2022, Taiwan secured a total of 221 engineering bids in NSP nations, amounting to NT$123.1 billion (-US$3.8 billion), with project types ranging from basin flood management and soil-water conservation to power plants, construction projects, natural gas terminals, petrochemical plant turnkey projects,and sewage treatment facilities spread across more than 10 NSP countries. Moreover, despite temporary setbacks posed by the pandemic to overseas engineering projects, there are already encouraging signs of recovery.
In addition to construction projects, Taiwan is also taking advantage of its technological prowess by working with NSP countries on implementing the Electronic Toll Collection (ETC) system for highways, including the development of the M6 and M81 smart motorways in Thailand, technical consulting services in Malaysia, and E-tag sales initiatives in the Philippines.
Source: Office of Trade Negotiations, Executive Yuan. (2023).‘Momentum Builds in Engineering Exports: Supporting Infrastructure Advances in NSP Nations’, The New Southbound Policy: The Pursuit of Mutual Prosperity, Benefits, Sharing, and Consensus, October 2023, 23 https://www.ey.gov.tw/otn/F0631889C2B547DF/dd70d14d-cf1c-47a8-a452-d08c9bcabef2