Taipei, Dec. 20 (CNA) The number of foreign direct investment (FDI) projects and value of capital investment in Taiwan in the first 11 months of 2021 dropped by double-digits from the same period last year as global investment plummeted due to containment measures relating to the COVID-19 pandemic, the Ministry of Economic Affairs said Monday.
From January to November this year, the number of FDI projects approved stood at 2,448, down 22.46 percent from a year earlier, while capital investment declined 17.57 percent to US$6.718 billion, according to statistics released by the ministry’s Investment Commission.
The financing and banking, wholesale and retail, information and communication technology (ICT), electronic component manufacturing, and real estate sectors were the major recipients of FDI capital during the 11-month period.
However, while the ICT industry saw a surge of 99.58…
