Nine firms join government’s investment planKEEP IT LOCAL: The firms applied to invest NT$3.3 billion as part of a program that has attracted hundreds of applications to invest up to NT$1.26 trillion in TaiwanBy Chen Cheng-hui / Staff reporterThe Ministry of Economic Affairs approved nine more Taiwanese companies’ applications to join the government’s three-year action plan for domestic investment, it said on Friday. Another 55 firms are waiting for their applications to be reviewed, it added. Photo: Huang Pei-chun, Taipei TimesThe newly approved applicants aim to invest a combined NT$3.3 billion (US$118 million) in Taiwan, it said. The ministry has approved more than NT$1.26 trillion in investments, which are expected to create 106,490 jobs, it said. The government’s action plan on domestic investment provides companies with assistance on taxes, financing, land, utilities and labor.
