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TAIWAN NEW PRIVATE INVESTMENT IN 2007 TO BE 11PCT HIGHER.

AsiaPulse News

| February 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, Feb 1 Asia Pulse - With last year's target for new private investment achieved, the government has set a goal 11.44 per cent higher for this year for a total of around NT$1 trillion (US$30.3 billion), Ministry of Economic Affairs (MOEA) officials said Tuesday.

According to tallies released by the MOEA, the ministry's goal of attracting NT$903.2 billion (US$27.3 billion) in new private investment projects in 2006 was fulfilled with a 102.7 per cent achievement rate, or a total of NT$927.6 billion (US$28.1 billion) in 1,689 projects.

The MOEA held a meeting that day on soliciting investment.

Officials briefed Economics Minister Chen Ruey-long and said Taiwan's Radio Frequency Identification (RFID) industry last year ...

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Source: HighBeam Research, TAIWAN NEW PRIVATE INVESTMENT IN 2007 TO BE 11PCT HIGHER.

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