Taiwan FDI Tops $10.6b
World Economy

Taiwan FDI Tops $10.6b

Taiwan’s Ministry of Economic Affairs approved 3,093 foreign direct investment projects (except from China) with a total value of $10.634 billion in January-November 2016, respectively decreasing 9.35% and increasing 157.58% on year, according to MOEA statistics released on December 20, Focus Taiwan reported. The large on-year growth in value was because Netherlands-based Micron Technology B.V. in May increased its investment in Taiwan subsidiary Micron Memory Taiwan via an indirect investment of $3.334 billion to fund a 100% stake in Taiwan-based memory maker Inotera Memories. Additionally, Netherlands-based ASML Holding N.V. in late September invested New Taiwan $102,000 billion in its wholly-owned Taiwan subsidiary Epsilon to fund investment in Hermes Microvision, MOEA indicated. In the same period, MOEA approved 465 outward direct investment projects (except in China) proposed by Taiwan-based companies or individuals with a total value of $11.255 billion, respectively growing 11.78% and 16.86% on year. Also in January-November, MOEA approved 141 investment projects proposed by China-based enterprises with a total value of $228.96 million.


Short URL : https://goo.gl/2LucQV
  1. https://goo.gl/g2tqaD
  • https://goo.gl/t7b1sY
  • https://goo.gl/q1g7Q7
  • https://goo.gl/yf6qp3
  • https://goo.gl/ebCd2b

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...

Add new comment

Read our comment policy before posting your viewpoints