BERI's 3rd "Investment Environment Risk Assessment Report" in 2022 was released, and Taiwan ranked 14th in the world.
[Reporter Liao Jianing/Taipei Report] BERI (American Business Environment Risk Assessment Company) released its third "Investment Environment Risk Assessment Report" in 2022. Taiwan ranked 14th in the world, down 8 places from the previous one, mainly due to China's military exercises, geopolitical risk.
In this regard, the Ministry of Economic Affairs stated that short-term political risk factors have not affected the willingness of domestic and foreign companies to invest more in Taiwan, including important industries such as TSMC and related semiconductor supply chains, and still affirm Taiwan's investment environment with actual investment and factory expansion actions.
This time Taiwan ranks 14th in the world (6th in the previous year) and dropped from 3rd to 5th in Asia. Among the 50 major countries in the world included in the evaluation, Taiwan is second only to Switzerland, Norway, Canada, Denmark, China, the Netherlands, and Australia. , South Korea, Finland, Singapore, Austria, Indonesia, Germany.
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Judging from the three major indicators of the evaluation, Taiwan ranks fifth in the world in terms of "operational risk" (3rd last time), second only to the United States, Australia, Canada and Switzerland, and has the same name as Vietnam and Indonesia; it still ranks in Asia No. 1, higher than South Korea No. 8, China No. 17, Singapore No. 20 and Japan No. 31.
In terms of "exchange risk indicators", Taiwan dropped from No. 2 to No. 3 in the world last time; it remains No. 1 in Asia, higher than No. 8 in South Korea, No. 10 in China, No. 11 in Singapore, and No. 17 in Japan.
On the "Political Risk Index", Taiwan slipped from 36th to 42nd, ranking 10th in Asia, second only to China's 3rd, Singapore's 5th, and Japan's 6th; Large-scale military drills were held around the area to protest the visit to Taiwan by US House Speaker Nancy Pelosi, bringing tensions across the Taiwan Strait to a peak.
Regarding the results of the report, the Ministry of Economic Affairs emphasized that, no matter in the short term or in the long term, foreign businessmen continue to increase their investment in Taiwan, which shows that foreign businessmen are still optimistic about my country's industrial technology capabilities, manufacturing advantages and stable investment environment. Affirmation of Taiwan's investment environment.
The Ministry of Economic Affairs pointed out that major domestic and foreign manufacturers continue to invest in Taiwan, highlighting Taiwan's key position in the international supply chain.
Especially the outstanding performance in semiconductor wafer foundry manufacturing, coupled with the complete settlement of more than 1,000 supply chains, as technology continues to lead and production capacity continues to expand, it also drives related investment to continue.
For example, TSMC, which recently held a mass production and factory expansion ceremony in Nanke, will continue to invest in the overall semiconductor supply chain. Lianhua Gases and Lianya Technology jointly invested 21 billion, which is an important example.
In terms of foreign investment, according to statistics from the Investment Review Committee of the Ministry of Economic Affairs, in the first 11 months of 2022, foreign direct investment (FDI) also increased significantly by 84.71% compared with the same period of the previous year.
For example, American Applied Materials has established a manufacturing and R&D center in Nanke, Dutch company EUV equipment manufacturer Asmol has increased investment in a new factory in Linkou Gongyi Industrial Park in New Taipei City, and German company Merck will build a new factory in Taiwan in the next 5 to 7 years. With an investment of US$600 million, Dutch merchant Heineken acquired Pingtung Longquan Brewery to build local production lines, etc.
In addition, in the first 11 months of 2022, the orders I received from the United States, Europe and ASEAN all maintained a growth trend, respectively 6.7%, 2.8% and 19.9%, showing that under the influence of the global epidemic and weak demand, foreign companies are still optimistic about Taiwan's industry capabilities and an excellent investment environment.
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