Foxconn planning $1 billion facility in Indonesia

Apple’s main manufacturing contractor, Foxconn, is currently discussing plans with the Indonesian Ministry of Industry to build a new $1 billion facility in the republic. The new manufacturing plant will create approximately 1 million jobs in a region where the average monthly wage is around US$100 (about RM315) a month.

 

Foxconn already operates several manufacturing plants in China and Brazil, where it assembles electronic goods for many of the world’s biggest technology companies. The company stated that it was attracted to Indonesia over Malaysia and Vietnam due to its high rate of economic growth – around 6 per cent a year. In addition, Foxconn says that the planned Indonesian plant will help manufacture “good quality products and make them available in the markets at lower prices.”

 

Foxconn projects that the plant to create over 1 million jobs once completed but is quick to point out that “nothing is finalized yet”.

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