Indonesia is the next country on Foxconn's list to get a tech-manufacturing factory. According to The Next Web, the company has confirmed it will invest at least $1 billion in opening a factory on the island nation and it could invest up to $9 billion more.
Foxconn is one of Apple's primary manufacturers and has plants in China and Brazil where it makes iPhone smartphones and iPad tablets. According to The Next Web, Indonesia's government is hoping that Foxconn's proposed factory will spur more tech companies to build factories there creating a Southeast Asian tech hub.
"Foxconn is looking for 1,000 hectares of land. They are planning to build some sort of Silicon Valley here in Indonesia," industry minister M.S. Hidayat told the Jakarta Post.
Foxconn has said that the initial factory could create as many as 1 million jobs in Indonesia. The Next Web reports that the government and the company are set to iron out the details at Foxconn's headquarters in Taiwan in the coming months.