Taiwan’s Ministry mulls changes in overseas investment policy: may lift naphtha investment ban

05-Sep-11
The Ministry of Economic Affairs (MOEA) is mulling a change in its existing overseas investment policy. A ban on Taiwanese companies investing in the naphtha-cracking sector in China may be lifted, but with some stipulations. These conditions are aimed to be negotiated with the Chinese government during the next Economic Cooperation Committee meeting. One of the key constraints will be the Taiwanese Ministry requirements that domestic firms have a 50% stake in crackers in China, which China does not allow. Also the MOEA may necessitate that a quota of output from plants in China would have to be shipped home to Taiwan to sustain the operations of the nation’s supply chain, and their investment in Taiwan must match that in China.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
Milacron 450 ton electric injection molding machine

Milacron 450 ton electric injection molding machine