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Taiwan Drafts Plans for Wealth Fund, Aims for Bill by Year-End

Bloomberg Markets Thursday 12 November 2026, 02:40 UTC By Betty Hou 1 min read
Key Points

Taiwan Drafts Plans for Wealth Fund, Aims for Bill by Year-End Taiwan is drafting legislation to establish a new sovereign wealth fund with initial capital of about NT$30 billion ($912 million), pushing ahead with the government’s plan to make strategic investments overseas. The National Development Council aims to complete a draft bill by the end of this year, the minister of the council, Yeh Chun-hsien, said during a legislature session on Wednesday.

Taiwan Drafts Plans for Wealth Fund, Aims for Bill by Year-End Taiwan is drafting legislation to establish a new sovereign wealth fund with initial capital of about NT$30 billion ($912 million), pushing ahead with the government’s plan to make strategic investments overseas. The National Development Council aims to complete a draft bill by the end of this year, the minister of the council, Yeh Chun-hsien, said during a legislature session on Wednesday.
Taiwan (LOCATION) The National Development Council (ORG) Yeh Chun-hsien (PERSON)
Originally published by Bloomberg Markets Read original →

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