Taiwan's FDI moves into positive territory: report
CNABRUSSELS -- Taiwan's flow of foreign direct investment (FDI) moved into positive territory in 2012, while global FDI declined by 18 percent, according to a report published Wednesday.
January 25, 2013, 12:50 am TWN
The Global Investment Trends Monitor report, published by the United Nations Conference on Trade and Development (UNCTAD), did not specify the value of FDI flow in Taiwan for 2012 but a UNCTAD representative told CNA it was about US$3.9 billion.
The figure represents a dramatic improvement from 2011, when Taiwan's outflow of FDI exceeded inflow by US$1.96 billion, according to UNCTAD statistics. Global FDI dropped 18 percent to an estimated US$1.3 trillion due mainly to macroeconomic fragility and policy uncertainty for investors, the report said.
In Asia, almost all the major economies recorded positive FDI, albeit with a slower growth than the previous year.
Hong Kong had an FDI of US$72.5 billion in 2012, a drop of 24.6 percent from the previous year; South Korea registered an 11.9-percent annual decrease to US$9 billion; and Singapore an annual decline of 15.1 percent to US$54.4 billion.
China, meanwhile, recorded an FDI of US$119.7 billion, second only to the United States' US$146.7 billion, the report said.
The struggling Japanese economy remained in negative territory, with an FDI deficit of US$400 million in 2012, which nonetheless was a slight improvement from its negative US$1.8 billion in 2011.
The report also highlighted the difference in FDI in developed and developing economies.
In developed economies, FDI flows fell drastically to values last seen almost 10 years ago, the report said.
The majority of EU countries saw significant drops in FDI flows, with a total decline of about US$150 billion. The U.S.' FDI flows also fell by US$80 billion, it said.
In contrast, FDI flows to developing economies, for the first time ever, exceeded those to developed economies by some US$130 billion, according to the report.