Focus Taiwan 
Date: 05/14/2020
By: Wu Po-wei and Evelyn Kao

Taipei, May 14 (CNA) Pledges of investments by Taiwanese companies have soared pass NT$1 trillion (US$33.39 billion), since the Taiwan government launched a series of incentive programs last year, the Ministry of Economic Affairs (MOEA) said Thursday.

So far, 480 firms have made investment pledges, which now total NT$1.0036 trillion, under the three major investment programs that are geared toward overseas Taiwanese businesses, domestic corporations that have never invested in China or other countries, and locally based small and medium-sized enterprises (SMEs), according to the ministry.

The investment plans are expected to create 82,555 new job opportunities in Taiwan, including 61,814 jobs with 188 Taiwanese companies operating overseas, which are aiming to bring back a net NT$760.9 billion in investments, the MOEA said.

Meanwhile, 68 domestic corporations have pledged to invest NT$147.7 billion in Taiwan, which will generate 11,338 jobs, and 224 SMEs plan to invest NT$95 billion at home, creating an expected 9,403 jobs, the ministry said.    [FULL  STORY]