Taiwan's inward foreign direct investment (FDI) amounted to a record high of US$7.42 billion for 2006, ranking sixth in South, East and Southeast Asia, according to the World Investment Report 2007 released on October 16.
Taiwan ranked behind only China, Hong Kong, Singapore, India and Thailand in the region in terms of inward forward direct investment, according to the annual report, which was published by the United Nations Conference on Trade and Development (UNCTAD). Taiwan's inward foreign direct investment for 2006 marked an increase of 356 percent over the US$1.62 billion for 2005 and an increase of 291 percent over the US$1.89 billion for 2004. Meanwhile, Taiwan's outward foreign direct investment totalled US$7.39 billion for 2006, ranking the country fifth in the region behind Hong Kong, China, India and Singapore. The amount marked an increase of 22.74 percent over the figure of US$6.02 billion for 2005 and a rise of 3.56 percent over the figure of US$7.14 billion for 2004.