This paper discusses Taiwan’s approach to forging manufacturing partnership with Southeast Asian countries under the New Southbound Policy (NSP) as well as the prospect of future collaboration. The study is divided into four sections. Section one gives an overview of Taiwan’s previous Southeast Asia-related policy initiatives and Taiwan’s investment and trade relations with Southeast Asian countries in the past thirty years. Section two elaborates on the promotion of first-phase collaboration with six NSP target countries, which are prioritized based on a series of social, economic and industrial development indicators. Target sectors for collaboration are also suggested. In the third section, results of a survey on industry investment preference as well as case studies of Taiwan companies already established in the region are presented to offer an overview of Taiwanese enterprises’ current operation and future investment trend in Southeast Asia. In the fourth section, it is suggested that six sectors will benefit the most from industrial collaboration between Taiwan and six NSP target countries, and four aspects for future collaboration model are identified.

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