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.

Source: Taipei Times July 04, 2021 15:56 UTC