Among the foreign direct investment projects, 64 were production-orientated and 14 were non-production- related . The main sources of FDI are provided in Table 7.28.5.
Approved contracts | Actual utilization | ||||
---|---|---|---|---|---|
Mode | Number | Total value (US$ million) year's total value | % change over previous year | Total value (US$ million) year's total value | % change over previous year |
1995 | |||||
Direct foreign investment: | 156 | 199.76 | 140.67 | 99.59 | 14.78 |
Equity joint ventures | 82 | 154.57 | 226.92 | 77.60 | 5.64 |
Contractual joint ventures | 7 | 5.55 | -24.69 | 2.76 | -61.77 |
Solely foreign-owned enterprises | 67 | 39.64 | 39.82 | 19.77 | -39.24 |
2000 | |||||
Direct foreign investment: | 78 | 123.92 | 50 | 6235 | 78 |
Equity joint ventures | 42 | 70.36 | 490 | 4880 | 470 |
Contractual joint ventures | 7 | 22.09 | -54 | 659 | -76 |
Solely foreign-owned enterprises | 29 | 31.47 | 29 | 696 | 43 |
Source | No. of projects | Contract value (US$ million) |
---|---|---|
Hong Kong | 21 | 20.40 |
Thailand | 1 | 5.78 |
Singapore | 2 | 6.5 |
Japan | 8 | 0.74 |
Republic of Korea | 4 | 18.23 |
Israel | 2 | 8.06 |
Canada | 4 | 3.99 |
By the end of 2000, the 465 foreign- funded enterprises in production had yielded a total output of US$8.6 billion, a total profit of US$240 million and export value of US$38.7 million.