Taiwan's Ministry of Economic Affairs (MOEA) approved 1,767 foreign direct investment projects (except from China) with a total value of US$3.628 billion during January-October 2011, respectively increasing by 6.96% and by 20.59% on year, according to MOEA.

In the same period, MOEA approved 255 outward direct investment projects (except in China) proposed by Taiwan-based companies or individuals with a total value of US$3.018 billion, respectively rising by 24.39% and by 25.16% on year.

Also in January-October, MOEA approved 83 investment projects proposed by China-based enterprises worth US$38.282 million. On the other hand, there were 493 approved projects of direct investment in China proposed by Taiwan-based companies or individuals with a total amount of US$11.166 billion, increasing by 37.33% and by 18.74% respectively on year.

Source:digitimes