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Foreign investment into Taiwan jumped 275% in first half of 2022

Costco, energy companies helping to pave way to 15-year high

An offshore wind farm in Miaoli County, northwestern Taiwan, is seen in this Nov. 12, 2019 photo.   © Kyodo

TAIPEI -- Foreign direct investment (FDI) into Taiwan in the first half of the year rose 275% from a year earlier, hitting more than $8 billion and paving the way for 2022's FDI to reach a 15-year high.

Taiwan's Economic Affair Ministry's Investment Commission attributed the spike in investment to power projects, notably those led by Danish energy company Orsted, Hai Long of the Netherlands and Danish developer Copenhagen Infrastructure Partners.

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