New projects from local businesses abroad to up GDP: Barclays Capital

In the report, Wai Ho Leong, a senior economist with Barclays Capital, said that through the efforts of Taiwan's government, many Taiwanese enterprises based overseas have expressed the willingness to return to Taiwan to invest.

Since November 2012, Taiwan has approved 16 investment projects worth US$5.1 billion filed by overseas Taiwanese investors, mainly from companies operating in China, said Leong, who saw the relocation of funds back to Taiwan as a trend.

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