Netherlands largest foreign investor in Taiwan

Dutch firms interested in local electronics sector: MOEA

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The headquarters of electronics firm ASML in the Dutch town of Veldhoven (photo by A ansems).

The headquarters of electronics firm ASML in the Dutch town of Veldhoven (photo by A ansems). (Wikimedia Commons photo)

TAIPEI (Taiwan News) — Following a motion in the Dutch Lower House of parliament to support Taiwan, it is notable that the small European country is the largest foreign investor in the island it once occupied, the Liberty Times reported Wednesday (October 9).

From 1952 up until the end of last August, the Netherlands invested US$35.2 billion (NT$1 trillion) in Taiwan, more than any other country, compared to the US$24.4 billion from the United States, the number two investor, according to data from the Ministry of Economic Affairs (MOEA).

Most of the projects involved semiconductors and electronics, with Dutch companies investing in Taiwanese high-tech firms. MOEA memorandums with 13 foreign companies regarding future developments also included Dutch groups, with ASML planning to set up an extreme ultraviolet lithography (EUV) training center on the island, the Liberty Times reported.