(english.cnhubei.com) Foxconn Ltd, the Taiwan technology giant, will invest US$1 billion in Wuhan, capital city of central China’s Hubei Province to build an industrial garden to manufacture digit cameras and personal computers.
Upon the completion of Foxconn project, Wuhan will become world’s largest digit camera production base.
The first phase of the project will start construction on March 18, 2007 with an investment of US$200 million. The first DC and PC will be produced in October.
The industrial garden is estimated to bring annual output value of 100 billion Yuan (US$ 12.5 billion) and job opportunities of 150,000 to local people.
The project will also promote the relevant industries in Hubei.