© hannu viitanen Electronics Production | March 04, 2016

Foxconn to build tech park - creating 70'000 new jobs

Foxconn, the Taiwanese EMS-giant is planning to invest billions in a new – technology focused – industrial park in southern China.
Construction on the planned industry park – which will be located in Nanning, Guangxi province – will begin during this year, but wont be operational until 2020. The park is expected to create about 70'000 jobs, according to a Reuters reports citing a Chinese local government website.

No specific figure was given, but the venture was described as a 100 billion yuan investment (which would but it in the USD 15.34 billion class), the report continues.


Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
August 13 2017 4:10 PM V8.5.9-2