Monday, August 9, 2004
The Economics Minister Ho Mei Yueh has urged many local firms whom have investment in China to return home. Ministry of Economic Affairs (MOEA) has actively help overseas Taiwanese enterprises, particularly those in China, come back to root their business operations on the island.
Up to today, there are 44 applicants coming from small-sized and medium-sized manufacturers, and a few were in capital-intensive semiconductor and environment-protection industries to operate in industrial zones in Taiwan. The total value of investment reached NT$23.4 billion. The returning Taiwanese investors from China are expected to generate annual production value of NT$28 billion, and create a total of 4,683 job opportunities.
In earlier years, Chinese authorities have granted a lot of incentives to the interested investors especially to Taiwanese. However, more foreign investors around the world move to China and Taiwanese investors are not so welcomed as before as. This is also another major reason contribute to the recent return of Taiwanese investors from China.
By: DocMemory
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