Indonesia said that Hon Hai Precision Industry Co (鴻海精密) is considering investing in the country’s new capital city, a move that would bolster the US$34 billion construction project.
Hon Hai, which is known as Foxconn Technology Group (富士康科技集團), is looking at setting up an electric bus system and an Internet of Things network at Nusantara, as Indonesia’s new capital is to be called, Indonesian Minister of Investment Bahlil Lahadalia said in a statement yesterday.
Hon Hai chairman Young Liu (劉揚偉) met with Indonesian President Joko Widodo on Saturday to discuss the company’s plan to invest US$8 billion to build a manufacturing plant
President Joko Widodo (Jokowi) on Wednesday declared that the construction of Sepaku Semoi Dam and Mentawir Nursery in North Penajam Paser district, East .
The construction of Mentawir Nursery in North Penajam Paser district, East Kalimantan, is a tangible manifestation of the government's seriousness in .
The government is currently expediting efforts to develop basic infrastructures, such as logistics access, the Sepaku Semoi Dam, and Mentawir Nursery in the .
The Indonesian government is pushing ahead with its plan to build a new capital city on Borneo island. The new capital, which is named "Nusantara" (meaning archipelago), will be located on 256,000 hectares of land in the North Penajam Paser and Kutai Kartanegara regencies in East Kalimantan province, which are about 2,000 km from Jakarta.
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