In 2022, EU foreign direct investment (FDI) stocks in Taiwan stood at €28.4 billion after steady growth from €6.8 billion back in 2013 (Figure 3). Taiwan’s FDI stocks in the EU remained at a low level between 2013 and 2019, ranging from €0.9 billion to €2.4 billion, but leapt in 2020 to €12 billion and again in 2022 to €20.7 billion. Recent examples of Taiwanese investment projects in the EU include a €3.5 billion investment in a semiconductor foundry in Dresden (Germany) by the world’s largest contract chipmaker, TSMC, and the investment of more than €5 billion in a battery plant in Dunkirk (France) by Prologium, the world’s only successful commercial manufacturer of solid-state electric vehicle batteries.
Figure 3 – EU-Taiwan FDI, stocks, outward and inward, in € billion
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