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Indonesian tech unicorn joins rush to go public

South-east Asia’s tech sector has long been big on potential, short on action, but that is changing this year. ....

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It's Indonesia's 'Silicon Valley', but has Algorithm Hill done the maths?

It’s Indonesia’s ‘Silicon Valley’, but has Algorithm Hill done the maths?
An aerial photo of Apple’s new campus building in Silicon Valley. File photo
Indonesia s long-held ambitions for creating a tech hub in the image of Silicon Valley appear to be taking shape, with work about to start on a multibillion-dollar project that will cover 888 hectares in West Java and be known as Algorithm Hill.
There s just one problem, say critics: building a sprawling park, however well-financed, will do little to replicate the success of America s tech champion without fundamental improvements to the country s infrastructure and education system. ....

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Indonesia builds its own Silicon Valley: "Algorithm Hill" in West Java

A rendering of how Algorithm Hill would look like Indonesia’s plan to create a Silicon Valley-like technology park is taking shape, with work soon to start on the multi-billion-dollar project for which private investors have already committed $1.2 billion as a beginning. The high-tech park, to be called “Algorithm Hill,” will cover 888 hectares in West Java and focus on a broad variety of modern research and development, including in the sectors of renewable energy, digital innovation, drones and micro-satellites, biotech, nuclear, nanotechnology, artificial intelligence and others. In the first phase of three years, infrastructure such as tollways, water and.
A rendering of how Algorithm Hill would look like ....

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Indo 'Silicon Valley' development to begin in May | Daily Express Online - Sabah's Leading News Portal

Published on: Tuesday, April 20, 2021
By: Tempo Indonesia
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President Director of PT AMKA (Persero) Nikolas Agung (right) together with President Director of PT Bintang Raya Dani Handoko (center) listening to the explanation of the Chief Executive of Kiniku Bintang Raya KSO Budiman Sudjatmiko (left).
BOGOR: Chief Executive of the Kiniku Bintang Raya KSO Budiman Sudjatmiko was determined to develop a mega project of technology industry 4.0 in Cikidang, Sukabumi, West Java, dubbed Algorithm Hill. To realise Indonesia’s version of Silicon Valley development with five priority technology research programs, he added, one billion euros or equal to Rp18 trillions has been prepared. ....

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