The value of foreign direct investments (FDIs) approved by the government rose in the first three months of this year by more than 125 percent from a year earlier, as funds were poured into green energy projects along with Hitachi Ltd’s stake in a Taiwanese elevator supplier, the Investment Commission said on Wednesday.
Approved FDI from January to last month totaled US$2.75 billion, up 125.61 percent from a year earlier, while the number of approved FDI applications fell 15.36 percent from last year to 562, the data showed.
The surge in FDI came after Denmark-based energy developer Copenhagen Infrastructure Partners K/S (CIP)
Taipei, April 23 (CNA) The value of foreign direct investments approved by the government moved up sharply by more than 125 percent from a year earlier in the first three months of this year as a result of large amounts of funds being poured into green energy and due to Hitachi taking a stake in a Taiwanese elevator supplier, according to the Investment Commission.
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