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Business forum draws record foreign investment commitment

Business forum draws record foreign investment commitment

Taipei, Sept. 2 (CNA) The Taiwan Business Alliance Conference held Wednesday in Taipei attracted record investment commitments from foreign companies, according to the Ministry of Economic Affairs.
A total of 20 foreign companies signed letters of intent with Economics Minister John Deng in which they committed to invest NT$100 billion (US$3.08 billion) in Taiwan over the next three years.
The previous investment record of NT$97 billion was set at last year's conference, according to the ministry, which organized the event.
In all, 66 foreign companies expressed interest in making new investments in Taiwan, which, if they come to fruition, would amount to NT$156 billion and create 15,355 jobs in the coming years, the ministry said. (By Jeffrey Wu)


Updated : 2021-09-22 00:50 GMT+08:00