2006 foreign direct investment, China-bound investment hit new highs

This article was published by the Taiwan Headlines on January 19, 2007. It reports that for 2006, Taiwan's foreign direct investment was valued at US$13.97 billion, while its China-bound investment was valued at US$7.64 billion. Both had hit new highs.

The Ministry of Economic Affairs approved a total of 1,846 foreign direct investment projects in 2006, with their combined value increasing 230.39 percent from the previous year.

Meanwhile, the number of China-bound investment projects approved by the ministry totalled 1,090 in 2006, with their combined value increasing 27.22 percent from the previous year.

Finally, a total of 478 outbound investment projects were filed with the Ministry of Economic Affairs in 2006, with their total value amounting to US$4.32 billion, up 76.32 percent over the previous year.