Google gets approval to invest NT$26 billion in Taiwan

Focus Taiwan
Date: 2019/10/28
By: Tsai Peng-min and Frances Huang

Taipei, Oct. 28 (CNA) Google Inc., the U.S-based search engine, has received approval from Taiwan's government to invest NT$26 billion (US$850 million) in the country, the Investment Commission said Monday.

The commission said Google's investment is aimed at expanding its data center operations in Taiwan and buying related equipment, but it would not disclose further details about the new investment.

The commission said Google will make the investment through its British Virgin Islands-registered Kohl Holdings Ltd.

In September, Google announced it will build its second data center in Taiwan in Tainan after the first became operational in Changhua County in 2013.    [FULL  STORY]

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