According to the second “Investment Environment Risk Assessment Report” released this year by Business Environment Risk Intelligence (BERI) of the United States, Taiwan's investment environment scores 72 points and ranks 6th among the 50 countries covered, after Switzerland, Singapore, Holland, Japan, and Norway. In Asia Taiwan ranks 3rd, after only Singapore and Japan.
Taiwan's investment environment maintains its 1A rating in the most recent report, meaning that the island is low risk and suitable for investment. BERI predicts that Taiwan's operating risk will remain stable in 2007 and 2008, with a trend of continuing improvement. In late July the Legislative Yuan passed an NT$800 billion budget for the “New Ten Major Construction Projects,” and this will stimulate domestic demand and help maintain the strength of Taiwan's economic activity this year. The Directorate General of Budget, Accounting and Statistics predicts that the domestic economy will grow by 4.58% this year, creating more job opportunities. Taiwan's “remittance and repatriation factor” remains strong too, thanks to a surplus in international trade as well as comprehensive and liberalized foreign exchange regulations..
According to BERI's one-year and five-year forecast, Taiwan's overall investment environment climate will continue improving with scores of 73 and 34, respectively, keeping the island in 6th place worldwide.
BERI's Investment Environment Assessment (2nd 2007 report)
Country |
Investment Environment Assessment |
||||
2007 |
2012 |
||||
Score |
Rank |
Grade |
Score |
Rank |
|
Switzerland |
82 |
1 |
1A |
83 |
1 |
Singapore |
79 |
2 |
1A |
80 |
2 |
Holland |
75 |
3 |
1A |
76 |
3 |
Japan |
74 |
4 |
1A |
75 |
5 |
Norway |
73 |
5 |
1B |
76 |
4 |
Rep. of China |
72 |
6 |
1A |
74 |
6 |
Germany |
71 |
7 |
1A |
74 |
6 |
Austria |
69 |
8 |
1A |
69 |
8 |
Belgium |
67 |
9 |
1B |
67 |
11 |
Sweden |
66 |
10 |
2A |
68 |
9 |
Source: Taiwan New Economy
Website: www.cedi.cepd.gov.tw