Strategic Implementation of International Joint Venture in Taiwan: A Case Study on THSRC
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Published:2012
2012. "Strategic Implementation of International Joint Venture in Taiwan: A Case Study on THSRC", Joint Ventures in Construction 2: Contract, Governance, Performance and Risk, Kiyoshi Kobayashi, Khairuddin Abdul Rashid, Masamitsu Onishi, Sharina Farihah Hasan
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Chapter 8
Strategic Implementation of International Joint
Venture in Taiwan: A Case Study on THSRC
Tsung-Chieh Tsai, National Yunlin University of Science and Technology
Hung-Chi Chen, Chiayi County Government, Taiwan
Min-Lan Yang, JU-MING Construction Co. Ltd.
Introduction
Since 1969, and most especially in 1975, Taiwan's government has opened its market to foreign
firms. With the Government Procurement Act released in 1998 that ratifies the legal status of JV,
many large foreign firms with JV contracts are able to participate and invest in Taiwan's public
projects. During the years between 1988 and 1994, JV between foreign and domestic firms only
amounted to 3 billion US dollars. Starting 1999, Taiwanese government has invited private firms
