Four firms boost total Taiwan investment pledges to over NT$400 billion

Taiwan News
Date: 2019/06/29
By:  Central News Agency

Taipei (CNA) – Another four Taiwanese companies have pledged to boost investments in Taiwan, raising the total pledges to more than NT$400 billion (US$12.90 billion) so far this year under the government's incentive program to encourage Taiwan-invested companies to return home, according to the Ministry of Economic Affairs (MOEA).

The four companies were fitness equipment supplier Tonic Fitness Technology Inc., machinery maker Rexon Technology Corp., an electronics components firm and an automation equipment producer, which asked not to be named.

They have pledged to invest a total of NT$25.3 billion in Taiwan.

The planned investments by the four companies have raised the total amounts pledged under the MOEA program to NT$411.7 billion by 81 companies so far this year.    [FULL  STORY]