Infrastructure Idea?

In reviewing Taiwan Semiconductor (TSM), I was impressed that a globally dominant company with a market value of nearly $200 billion was founded by Taiwan in 1987. TSM is nearly five times larger than its closest competitors, dominating a space that is capital intensive and rapidly changing.

It seems so unusual that a country would fund and commit to the development of such an important company. To enable its success, TSM appears to have paid little taxes. The benefits to a country of having a cutting-edge and dominant chip foundry must be tremendous.

It caused me to think about whether or not this could be a means of creating the much needed infrastructure improvements in the U.S. It seems that the issues surrounding our lack of infrastructure improvement are 1) regulatory - the myriad of "red tape" makes such large scale projects impossible, 2) competitive issues - if regulatory issues were cleared, who would deserve the "win" on such contracts and 3) technological - how do we find a way to invest in technology leaps like NASA.

Perhaps the Taiwanese have a sound idea. Could there be a US Infrastructure Manufacturing company (USIM) that would be granted powers that would make regulatory hurdles easier, given capital from the US government by way of lowered taxes and provided a "think tank" environment like the old school IBM and AT&T - where most of our great inventions were created?