Focus Taiwan
Date: 06/21/2020
By: Emerson Lim
In the January-March period, foreign investment increased by 40 percent and procurement by foreign companies from Taiwan surged by 109 percent year-on-year, the ministry said in a statement released on Saturday.
MOFA, through its more than 100 offices overseas, has helped attract foreign investment to Taiwan amounting to US$350 million for the first three months of the year, compared to US$250 million recorded in the same period of last year, the ministry said.
On the other hand, foreign companies' procurements from Taiwan reached US$230 million in Q1, compared to the US$110 million recorded during the same period last year, the MOFA said. [FULL STORY]