Swedish companies to invest over USD 200 million in Taiwan

Four Swedish companies will invest more than USD 200 million in Taiwan over the next three years, the Ministry of Economic Affairs said on Friday 26 October.

According to the Ministry’s statement, the companies are industrial tool and equipment maker Atlas Copco, mobile telecommunications equipment maker Ericsson, SCA Hygiene Products and Siemens Industrial Turbomachinery.

The results were achieved by a Northern Europe investment promotion mission headed by Vice Economics Minister Cho Shih-chao who visited Finland and Sweden on 20-28 October as part of the government’s ongoing efforts to boost investment from overseas.

Taiwan External Trade Development Council (TAITRA) reports that the Ministry has also organised for another trade promotion mission to visit Central and Eastern Europe on 27 October to 11 November.


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