Government-approved foreign direct investment (FDI) in the first two months of this year rose by more than 100 percent annually, driven largely by investments in a wind energy project and an elevator manufacturer, the Investment Commission reported last week.
During the two-month period, the commission approved US$1.76 billion of FDI applications, up 100.91 percent year-on-year, it said on Monday last week.
One of the big contributors to the FDI surge was Copenhagen Infrastructure Partners K/S (CIP), which gained approval to invest an additional NT$10.56 billion (US$369 million) in the Changfang (彰芳) wind farm off the coast of Changhua County, the commission said.
Another
Taipei, March 26 (CNA) Government-approved foreign direct investment (FDI) in Taiwan rose in January and February by more than 100 percent from a year earlier, driven largely by investments in a wind energy project and an elevator manufacturer, according to the Ministry of Economic Affairs (MOEA).
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