Indonesian Political, Business & Finance News

E. Java to build technology park

E. Java to build technology park

SURABAYA: The East Java provincial administration has picked a 40 hectare lot on the campus of the Surabaya Institute of Technology for its Technology Park, Antara reported.

The head of the city planning and development agency, Moehtadi, said yesterday that construction will start next month.

The park, he said, will resemble a technology park in Perth, Australia. East Java and West Australia were declared "sister province/state" in 1990.

A number of experts from Perth are currently studying what technologies will operate from the East Java park.

The park will be equipped with facilities for research and development in applied technology. Local industrialists welcome the project because it will reduce their industrial research costs by 30 percent. (swe)

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