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Electronics Production |
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.