CONNECT WITH US
Sign out

Taiwan attracts January-August foreign direct investment of over US$3 billion, says MOEA

Adam Hwang, DIGITIMES, Taipei
0

Taiwan's Ministry of Economic Affairs (MOEA) approved 2,027 foreign direct investment projects (except from China) totaling US$3.156 billion in January-August 2013, respectively increasing 23.45% and 2.44% on year.

MOEA figures showed In January-August it approved 251 outward direct investment projects (except in China) proposed by Taiwan-based investors totaling US$3.032 billion, respectively rising 23.04% and slipping 55.11% on year.

Also in January-August, MOEA approved 94 investment projects proposed by China-based firms totaling US$320.25 million; there were 282 approved projects of direct investment in China proposed by Taiwan-based investors totaling US$5.658 billion, decreasing 3.09% and 21.37% respectively on year.

MOEA: Taiwan's foreign direct investment and outward investment, Jan-Aug 2013 (US$m)

Foreign direct investment

Outward investment

Country/area

Total value for approved projects

Proportion of grand total value

Country/area

Total value for approved projects

Proportion of grand total value

British Islands in Caribbean

946.660

30.00%

Vietnam

1,318.849

43.50%

US

328.986

10.42%

Australia

271.363

8.95%

Australia

305.922

9.69%

Hong Kong

268.119

8.84%

Samoa

265.242

8.40%

Japan

154.499

5.10%

Hong Kong

261.990

8.30%

Singapore

138.012

4.55%

Source: MOEA, compiled by Digitimes, September 2013