Taiwan's Ministry of Economic Affairs has issued a new report that expects US$123 million in new investment to come into the franchise sector this year.
More than 10,000 new job opportunities will come with these funds, says the report from the MEA.
An American-style franchising system and the know-how of the Japanese distribution network are main reasons for the increased investment.
There were 1424 franchises in Taiwan representing 180 different industries last year. The number of stores totaled 91,637.