Indonesia to start “Silicon Valley” project in May

Budiman Sudjatmiko, Chief Executive of the Kiniku Bintang Raya KSO – one of the two state-owned companies joining the “Algorithm Hill” (Silicon Valley) project of Indonesia, said that the project’s groundbreaking will take place after this year's Eid al-Fitr or mid-May.

Tuesday, April 20, 2021 15:52

Indonesia to start “Silicon Valley” project in May ảnh 1

Budiman Sudjatmiko, Chief Executive of the Kiniku Bintang Raya KSO (Source: kumparan.com)

Jakarta (VNA) - Budiman Sudjatmiko, Chief Executive of the Kiniku Bintang Raya KSO – oneof the two state-owned companies joining the “AlgorithmHill” (Silicon Valley) project of Indonesia, said that theproject’s groundbreaking will take placeafter this year's Eid al-Fitr or mid-May.

Budiman said to realise Indonesia’s version of Silicon Valleydevelopment in Cikidang district in West Java with five priority technologyresearch programmes, 1 billion EUR (1.2 billion USD) has been prepared.

Once everything is settled and the budget is also okay, his firm will start theproject, he affirmed.

Covering an area of 888 hectares, the project will be implemented by PT KinikuBintang Raya, a joint venture of PT Kiniku Nusa Kreasi and PT Bintang RayaLokalestari established on April 7, 2021.

It is scheduled to be completed within 11 years, focusing on manufacturingunmanned aircraft and nano satellites./.

VNA

#Silicon Valley #project #Eid al-Fitr #Indonesia #technology research #budget #Vietnamplus #Vietnam news #Vietnam News Agency Indonesia

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