Taiwan's Private Investments Increase NT$136 B. in June
2012/07/23 | By Steve ChuangTaipei, July 23, 2012 (CENS)--The accumulative private investments in Taiwan by local enterprises increased by NT$136 billion in June over a month earlier, with the growth mainly led by four large investment projects amounting to NT$51.2 billion, according to the latest statistics compiled by the Ministry of Economic Affairs.
Taiwan's accumulative private investments from January to June reached NT$698 billion, attaining 63.46% of MOEA's full-year goal, with local IT and electronic companies contributing the largest share of NT$250.1 billion to the total.
The said four large investment projects in June alone were respectively done by Hiwin Technologies Corp., a machine tool maker, Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), the world's largest semiconductor foundry, Far Eastern Department Stores Co. and Siliconware Precision Industries Co., a globally leading chip tester and packager.
Hiwin launched a NT$28 billion investment case to expand its factory located in The Taichung City Precision Machinery Innovation Technology Park as part of its five-year investment project, while TSMC invested NT$12.2 billion in upgrading its manufacturing equipment. Coincidentally, Siliconware and Far Eastern Department Stores announced a NT$5 billion and NT$6 billion investment case, respectively, to introduce new machines and construct a new office building in New Taipei City, northern Taiwan.
MOEA officials pointed out that private investments by local electronics makers, despite comparatively sluggish sales in the first half of this year, is expected to shoot up in the second half, primarily because some heavyweight insiders, including Advanced Semiconductor Engineering Inc., the world's largest chip tester and packager, AU Optronics Corp. and Chimei Innolux Corp., Taiwan's top two display panel manufacturers, are poised to launch new investment projects during the period.
In the meantime, MOEA also reported that aggregate foreign investments from January to June in Taiwan totaled US$6.893 billion, equal to 68.9% of the government's full-year goal, with NT$28.4 billion of which done by Taiwanese enterprises operating overseas.
Accumulative Private Investment from Jan. to Jun., 2013, by Sectors | ||
Sector | Investment Value | Achievement Rate |
Electronics and IT | NT$250.1 B. | 55% |
Consumer Goods and Chemicals | NT$156.6 B. | 62% |
Metal and Electric | NT$196.8 B. | 72% |
Technology Services | NT$35.7 B. | 64% |
Power Supply | NT$1.2 B. | 23% |
Distribution, Retail and Food Services | NT$55.8 B. | 93% |
Trade Fairs & Exhibitions | NT$1.9 B. | 37% |