Using business type as the classification, the main
proportion of the foreign direct investment lies in
wholly foreign-owned enterprises constituting to
76%, followed by equity joint venture of 21%,
contractual joint venture of 2% and FDI shareholding
inc comprising of merely 1%. The large proportion of
investments in wholly foreign-owned enterprises lies
in the substantial advantages of such companies.
Wholly foreign-owned enterprise is entirely owned by
the foreign investor, thus, decisions can be made
unilaterally without the consensus for a partner’s
agreement. In addition, proprietary technology is
less widely exposed, therefore, bringing convenience
in management and operational matters.
