The investment ratio last year plummeted 16.77 percent while the nation's China-bound investments continued to accelerate, government data showed.
The ratio -- the total amount of investment out of the GDP -- had maintained levels of at least 20 percent since 1963 until last year, the China Times said.
Combined investment by the private and public sectors last year totalled NT$1.67 trillion (US$48 billion), some US$130 billion less than the official target, the paper said quoting figures released by the Directorate General of Budget, Accounting and Statistics.
Local companies are expected to continue to sideline domestic investment in the year ahead.
The nation's investment ratio peaked in the 10 years ending in 1981 with an average of 30.9 percent. It had slipped to 17.35 percent in 2001 before it hit a 40-year low last year.
Entrepreneurs are funnelling capital to China lured, by cheap labor and land costs and its vast market potential.
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