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IT House June 26 news, according to Bloomberg News, Indonesia said,Hon Hai Group is considering investing in the country’s new capitalthe move will support construction projects worth $34 billion (about 227.8 billion yuan).

Indonesian Investment Minister Bahlil Lahadalia said in a statement on Sunday that Hon Hai was considering a new facility in Nusantara, Indonesia’s new capital.Electric bus systems and IoT smart cities.

IT House learned that this Saturday, Chairman of Hon Hai Precision Industry Co., Ltd. Liu Yangwei met with Indonesian President Joko Widodo to discuss the company’s investment of US$8 billion (about 53.6 billion yuan) and electric scooter startup Gogoro Inc. . A plan to build a manufacturing plant.

Liu Yangwei said that Hon Hai is happy to help Indonesia establish a talent training institution, and will provide electric vehicle technology and products to local partners, and work with them to build an electric vehicle ecosystem. They also talked about batteries and renewable energy, and exchanged views on the electric vehicle industry.

Indonesia is looking to use its vast nickel reserves to develop an electric vehicle industry. Nickel is a key component of batteries. In addition, the country plans to build a “green” city in the new capital Nusantara that relies mainly on public transport and runs entirely on renewable energy.

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