Magnet Investments

Investment Plans

Results so far give cause for great satisfaction of Taiwan was on track to achieve a wide range of investment objectives in the year 2013, reported the Ministry of economy of the Republic of China on July 16, during a press conference with the theme of its five-point plan, which envisages the promotion of enhancements in key industries. The Conference clarified details in relation to public investment in new projects in the first half of the year; foreign direct investment by foreigners, overseas Chinese and mainlanders for the first half of the year; Activities for the promotion of investments in offshore wind farms; Measures to move top petrochemical producers in the value chain; as well as the current status and investment incentives for light-emitting diodes, or LED manufacturer, announced the Ministry of Economic Affairs. Private investment in new projects amounted to 623,2 billion NTD (20,86 billion USD) in the first half of the year, what 52% of Total annual target of 1.2 trillion NTD corresponds to the Ministry of Economic Affairs said. There were 54 cases of foreign-based Taiwanese manufacturers, who invested a total of 210.3 billion NTD in Taiwan. Foreign direct investment came to 4.93 billion in the first half of the year, i.e. 47% of the targeted year target of $ 10.5 billion. The Government is taking to the target to 3000 megawatts of offshore wind energy by the year 2030, and the Office for economic development of the Ministry of Economic Affairs has already overseen the establishment of an industrial Alliance will introduce the latest technology from Europe and the United States. By the same author: Thredup.

In this context, there was wind energy in June on the list of the annual Taiwan France Forum on industrial cooperation. End of June amounted to investment in offshore wind power at an altitude of 1.5 billion NTD and are estimated at a total of 3.39 billion NTD for fiscal 2013. Move up the petrochemical industry in the value chain, it conceived itself Ministry of Economic Affairs four major policy initiatives. These include Investitionsforderprojekte, political guidance to encourage investment, helping the removal of obstacles to investment and the supply with information services to investment. All these measures aim to lift the production on the 2020 provided for NTD, said the Ministry of Economic Affairs 600 billion during a simultaneous increase of the industrial added value by 20%.

It 24 new investment projects were shown in the first half of the year, which are endowed for this period with 61.3 billion and for the full year with 100 billion NTD. New investment in the LED industry in Taiwan reached 3.91 billion in the first five months of the year, the economy Ministry announced. To expand the investment, the Ministry presented the three main areas of markets, branding and technology in its development strategy. It serves members of the industry in the reinforcement of brand-building and Marketing channels to help and develop margin-rich, future-oriented technologies.

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