'Taishang' investors pledge a combined NT$168.4 bil.

The 22 Taiwanese companies operating abroad, commonly referred to as “Taishang,” have pledged to invest a combined NT$168.4 billion (US$5.67 billion) in projects in Taiwan that will create an estimated 23,628 jobs, the ministry said in a report delivered at a Cabinet meeting.

Of the 22 companies that had their investment applications approved, 13 are based in China while the others are located in the United States, Europe and Southeast Asia.

Ten of the 22 companies intend to invest in southern Taiwan while six each will invest in northern and central Taiwan, respectively, according to the report.

Taiwan's government launched a campaign last November to encourage Taishang, and especially companies in China facing soaring labor rates, to invest back home.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	Hot air ballooning to face more scrutiny, regulations

NEXT ARTICLE
Presidential Office mulls honoring director Ang Lee

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit