Taiwan's Foxconn Group said Wednesday it planned to list its overseas units on the island following the government's relaxation of rules governing flotations.
The group is the parent company of Hon Hai Precision Industry Co., the world's largest contract maker of electronics by revenue.
"We are doing all this because we are confident of the new government's measures and policies," said group Chairman Terry Gou after a closed meeting with Premier Liu Chao-shiuan.
Gou did not identify the companies likely to seek a flotation on Taiwan, but Hon Hai Precision officials have said Foxconn International, which makes phones for Nokia Corp. and Motorola Inc., is planning to list in Taiwan.
Foxconn International went public in Hong Kong in February 2005. It would be the most high profile share offering in Taiwan since late 2003.
Gou also said the group plans to invest more than 100 billion Taiwan dollars (3.26 billion US) to add jobs and set up an Asia logistics hub on the island.
Taiwan's government last month decided to allow foreign companies, including those with Chinese shareholders, to list shares on the domestic exchange.
The move comes amid thawing ties between Beijing and Taipei under the administration of Taiwan President Ma Ying-jeou, who took office May 20.
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