World Economy

Taiwan Attracts $2b in Investments

Taiwan Attracts $2b in InvestmentsTaiwan Attracts $2b in Investments

Taiwan’s Ministry of Economic Affairs approved 1,741 foreign direct investment projects (except from China) with a total value of $1.98 billion from January-June 2015, respectively increasing 5.13% and 4.51% on year, according to MOEA statistics released on July 20, NewsNow reported. In the same period, the MOEA approved 211 outward direct investment projects (except in China) proposed by Taiwan-based companies or individuals with a total value of $4.512 billion, respectively dropping 9.83% and growing 48.82% on year. Also in January-June, MOEA approved 64 investment projects proposed by China-based enterprises with a total value of $46.37 million. Also, 154 projects of direct investment in China were approved with a total amount of $4.63 billion.