National Development Fund Adjusts Investment Process

Reported over 1 year ago

The National Development Fund, with assets totaling nearly 1.3 trillion NT dollars, is planning to adjust its investment process following past failures discussed in parliamentary queries. The Fund's chairman has decided that it will only act as a follower in future investment cases and will no longer be the lead investor. The Fund aims to accelerate industrial innovation and economic transformation, attract private investment in startups, and increase its investment budget over the next four years to reach a capacity of 150 billion NT dollars.

Source: YAHOO

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