Sunday, January 28, 2007

Intel Outside!

I met Craig Barrett, Intel Corp CEO, 7 years ago in Hong Kong. I asked him about the company's future plan in the region, especially about Indonesia. I remember he recognized the importance of Indonesia thanks to its huge population and considers to invest here.

Since then I never heard of any real investment from the company here. But I'm jealous with Malaysia when I read the story of Intel's huge investment in Kulim Hi-Tech Park last week. Intel doubled its investment to make USD3 billion in one decade & thousands of new job (highly paid, I guess).
Meanwhile, Gateway Business Park in Cavite, a province adjacent to Metro Manila, is home to USD1 billion investment from Intel to assemble chips. Intel injected another USD100 million last year.
As if these are not enough to add my jealousy, I just realized that late last year Barrett announced USD1 billion investment in Ho Chi Minh City. At least 4,000 new jobs created.
I spent several months in Vietnam for three consecutive years (1994-1996) of reporting on the country's economic reform. Travel to many cities & country sides, I wrote hundreds of articles where I warned my readers about the emergence of Vietnam and that the country would eventually leapfrogging us in almost every sector based on my observations. "But who cares, I'm just nobody," I told myself.
"We're grateful to Indonesians, for teaching us how to grow rice & coffee," one official at agricultural ministry told me in an interview. Just months after our conversation, Vietnam surpassed Indonesia as both rice & coffee exporters. And if we read newspapers in the agriculture section recently, Vietnam is currently the major supplier of rice for Indonesia, at least to maintain the buffer stock and to keep low inflation intact.
Back to Intel, what we got?
The biggest 'investment' from Intel so far is when Intel lead a consortium to build USD30 million Internet network in Aceh in a joint effort with UK's Global Marine System Ltd. That's why, to remind everybody about the fact that we're not on Intel's investment list, I suggests government to oblige all PCs sold here to replace the logo Intel Inside to Intel Outside!

READ MORE!!!

1 Comments:

Anonymous Anonymous said...

could someone please tell me if there's hope for Indonesia? I can only see a very dim light at the end of the road which I won't be able to reach, at least in my life time. Indonesia Indonesia...poor you. Singapore even able to hold us 2-2 in football!!!

January 29, 2007 11:48 AM  

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