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The Ministry of Economic Affairs (MOEA) on Thursday approved four companies’ applications to join the Invest in Taiwan initiative, bringing the total to 1,082 companies pledging to invest more than NT$1.5 trillion (US$54.02 billion). The ministry said the combined investments by the four companies are expected to create 121,226 jobs in the nation. The success of the three-year-old initiative is proof that Taiwan is a good place to invest, it said in a statement. Although the initiative is set to wind down at the end of this month, the ministry is considering extending it as more companies are looking to return home

Tainan municipalityYilan xianAcbel polytechFormosa microsemiJiin mingJiin ming industry coTransmission machinery coKinpo groupFormosa microsemi coMinistry of economic affairsAcbel polytech incAngelica oungEconomic affairsNew taipei cityTamsui districtYilan city