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Taiwan attracts January-September foreign direct investment of over US$3.3 billion

Adam Hwang, DIGITIMES, Taipei
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Taiwan's Ministry of Economic Affairs (MOEA) approved 1,577 foreign direct investment projects (excluding China) totaling US$3.350 billion during January-September 2011, respectively increasing 8.09% and 18.34% on year, according to MOEA statistics.

In the same period, MOEA approved 234 outward direct investment projects (excluding China) proposed by Taiwan-based companies or individuals with value totaling US$2.046 billion, respectively rising 28.57% and dropping 8.46% on year.

Also in January-September, MOEA approved 80 investment projects proposed by China-based enterprises totaling US$35.071 million. At the same time, it approved 453 projects of direct investment in China proposed by Taiwan-based companies or individuals totaling US$10.541 billion, increasing 40.25% and 23.06% respectively on year.

MOEA: Taiwan's top-5 sources of foreign direct and outward investment (excluding China), January-September 2011 (US$ m)

Foreign direct investment

Outward investment

Country/area

Value of approved projects

Proportion of total value

Country/area

Value of approved projects

Proportion of total value

British Islands in Caribbean

778.098

23.23%

British Islands in Caribbean

431.824

21.11%

US

502.768

15.01%

US

284.194

13.89%

Singapore

409.216

12.22%

Vietnam

247.456

12.09%

The Netherlands

392.166

11.71%

Japan

246.681

12.06%

Hong Kong

330.078

9.85%

Hong Kong

224.795

10.99%

Source: MOEA, compiled by Digitimes, October 2011