Title:
Directions for Foreign Currency Funds Reaccommodations by the Central Bank of the Republic of China
1. Scope of Use:
Enterprises established under Republic of China law, operating within the territory of the Republic of China, and engaged in the following investments or mergers/acquisitions that have a close connection to domestic economic development need authorized banks to accommodate them with foreign currency funds:
i.Foreign investment or merger/acquisition cases:
(i) Those involving development of natural resources.
(ii) Those involving acquisition of high technology, industrial technology, and management knowledge of assistance in upgrading domestic industry.
(iii) Those facilitating deployment of international production and sales networks.
(iv) Those facilitating upstream, midstream, and downstream vertical integration of industry or expansion of horizontal linkage.
(v) Those involving acquisition of technology related to environmental protection, ecological balance and public hazards prevention, etc.
(vi) Others facilitating domestic economic and financial development.
ii.Domestic investment:
(i) Public construction investment.
(ii) Investment in the ten major emerging industries and eight major key technologies.
(iii) Major investment projects that have received government approval.
Enterprises organized under foreign law, operating in foreign countries, engaged in directly assisting investment projects for domestic acquisition of natural resources or agricultural or industrial materials, and that have domestic authorized banks handling their international syndicated loans.