A world-renowned investment-risk rating company has ranked Taiwan's investment environment as the world's fifth-best, an official of the Industrial Deve-lopment and Investment Center said on Monday.
Quoting the latest evaluation report issued by Business Environment Risk Intelligence (BERI) last month, the official said Taiwan ranks fifth among the 50 countries whose general investment conditions were evaluated, lagging behind Switzerland, Singapore, Holland and Japan.
Receiving an overall score of 72 out of 100, Taiwan's business environment is rated 1A, the highest rating in the BERI evaluation, the official said, adding that this means that Taiwan is a country with low investment risk.
According to the official, Taiwan tied with Japan for fourth place in the BERI-released investment climate survey for last year, but Japan this year tied with the Netherlands for third place with a score of 73 points.
The BERI global standings are based upon three major indices of operations risk (ORI), political risk (PRI) and the remittance and repatriation factor (R Factor).
In terms of ORI, Taiwan ranked third globally, while its PRI and R Factor ranked 12th and third, respectively.
According to BERI experts, Taiwan's political risk is expected to improve significantly following the resolution of the disputes over the March 20 presidential election, while domestic entrepreneurs will enjoy stable business operations.
Meanwhile, BERI also ranked Taiwan's labor force third in the world, sharing the spot with Belgium and the US and behind only Singapore and Switzerland.
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