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Business forum draws record foreign investment commitment

Business forum draws record foreign investment commitment

Taipei, Oct. 8 (CNA) The Taiwan Business Alliance Conference was held Wednesday in Taipei and attracted record investment commitments from foreign companies, according to the Ministry of Economic Affairs. A total of 23 foreign companies signed letters of intent with Economics Minister Duh Tyzz-jiun at the conference, representing a total investment commitment of NT$97 billion and 9,600 jobs in the next three years. The previous investment record of NT$92 billion was set at last year's conference, according to the ministry, which organized the event. In all, 61 foreign companies expressed interest in making new investments in Taiwan, which, if they come to fruition, would amount to NT$148 billion (US$4.87 billion) and create 15,210 jobs in the coming years, the ministry said.
(By Jeffrey Wu)


Updated : 2020-12-04 17:10 GMT+08:00