Focus Taiwan
Date: 2016/07/25
By: Huang Chiao-wen and Frances Huang
Taipei, July 25 (CNA) Taiwan’s manufacturing sector accounted for more than 40 percent of the country’s total fixed investment in 2014, higher than the ratios recorded in South Korea and Japan, the Ministry of Economic Affairs (MOEA) said Monday.
Manufacturers contributed 44.2 of total fixed investment in Taiwan in 2014 — the most recent year for which data is available — higher than the 33.9 percent in South Korea and 16.1 percent in Japan in the same year, according to MOEA statistics.
The ministry said the relatively strong role of manufacturing in fixed investment in Taiwan and South Korea indicates that the two countries have similar industrial structures.
A booming information and electronics sector pushed up the manufacturing sector’s fixed investment to more than 40 percent of the total in Taiwan, while South Korea benefited from its strong electronics and shipbuilding sectors, the MOEA sector. [FULL STORY]