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Taiwan attracts January foreign direct investment of nearly US$390 million, says MOEA

Adam Hwang, DIGITIMES, Taipei
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Taiwan approved 218 foreign direct investment projects (except from China) totaling US$389.1 million in January, respectively increasing by 37.11% and by 30.07% on year, according to Ministry of Economic Affairs (MOEA) statistics.

In the same period, MOEA approved 33 outward direct investment projects (except in China) proposed by Taiwan-based companies or individuals with a total value of US$430.5 million, respectively rising by 22.22% and dropping by 14.71% on year.

Also in January, MOEA approved nine investment projects proposed by China-based companies with a total value of US$4.223 million. On the other hand, there were 52 approved projects of direct investment in China proposed by Taiwan-based companies or individuals with a total amount of US$622.7 million, increasing by 44.44% and decreasing by 20.15% respectively on year.

MOEA: Taiwan's investment situations (China excluded), January 2013 (US$m)

Foreign direct investment

Outward investment

Country/area

Total value

Proportion of grand total

Country/area

Total value

Proportion of grand total

US

93.024

30.11%

Vietnam

180.943

42.03%

British Islands in Caribbean

65.987

21.36%

Hong Kong

128.647

29.89%

Samoa

62.268

20.16%

Japan

42.972

9.98%

Hong Kong

24.148

7.82%

Singapore

15.123

3.51%

Japan

15.249

4.94%

Philippines

9.500

2.21%

Source: MOEA, compiled by Digitimes, February 2013