The Taiwan's government approved 2,719 foreign direct investment projects (except from China) with a total value of US$5.523 billion in January-October 2017, decreasing 4.19% and 46.33%, respectively, on year, according to data compiled by the Ministry of Economic Affairs (MOEA).
In the same period, MOEA approved 396 outward direct investment projects (except in China) by Taiwan-based investors with a total value of US$8.611 billion, down 4.81% and 16.84% on year, respectively.
Also in January-October, MOEA approved 114 investment projects proposed by China-based enterprises with a total value of US$179.56 million. On the other hand, there were 424 approved projects of direct investment in China by Taiwan-based investors with a total amount of US$6.849 billion.
MOEA: Taiwan top-5 sources of foreign direct investment and target countries of outward investment, January-October 2017 (US$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 |
Netherlands | 1,847.041 | 33.44% | British Islands in Caribbean | 3,751.535 | 43.57% |
British Islands in Caribbean | 1,370.861 | 24.82% | Singapore | 914.365 | 10.62% |
Japan | 511.868 | 9.27% | Australia | 593.082 | 6.89% |
Samoa | 306.413 | 5.55% | Vietnam | 571.269 | 6.63% |
Canada | 251.526 | 4.55% | Thailand | 547.760 | 6.36% |
Source: MOEA, compiled by Digitimes, November 2017
