Intel gets green light for 605 million dollars chip plant in Vietnam

[Coastie for Truth]

DU Link:

Yahoo News Link:

Thu Feb 23, 12:55 AM ET (From AFP)

HANOI (AFP) - The world's largest chipmaker Intel has received a license from the Vietnamese government to build a chip plant worth 605 million dollars in southern Ho Chi Minh City, official sources said.

According to recent reports in the state media, the plant will cover 46.7 hectares (115 acres) and employ 2,000 local workers, providing a massive boost to Vietnam's IT industry.

"We (have) agreed to give them the license already," an official at the Ministry of Planning and Investment told AFP.

The American company in the southern business hub of Ho Chi Minh City declined comment but said a press release would be issued in the next few days.

WHY AM I POSTING THIS ITEM FROM "LATEST BREAKING NEWS" AND ABOUT VIET NAM HERE IN "ISRAEL-PALESTINE" ?

BECAUSE, AFTER ONE OF THE MANY CHURCH GROUP "WEST BANK DIVESTITURE" AND "ISRAEL DIVESTITURE" ANNOUNCEMENTS, INTEL ANNOUNCED THAT THEY WERE CANCELING ALL INVESTMENTS "IN THE REGION".

THE SAN JOSE MERCURY NEWS REPORTED IN A FILLER THAT DISCUSSION OF INVESTMENTS IN "EGYPT AND THE WEST BANK" WERE CANCELED AS A RESULT OF THE CALLS FOR DIVESTMENT. A CHIP PLANT FOR "THE REGION" WAS RUMORED.

[not systems]

1. Great!

Good to see the divestiture movement is beginning to have an impact.

I can recommend an interview today with a South African journalist
about the history of the collapse of apartheid were he suggests that
people who consider a single secular state solution in IP impossible
need to look to the SA experience.

:beer:

[BlueEyedSon]

2. Why can't they build it here, it will be 99% automated anyways...?

[Coastie for Truth]

4. The point was

the "rumor" buried in a filler in the Merc was that this plant might have gone to the WB.

[Deja Q]

6. Cost of electricity, gas, et al. Still cheaper over there.

Pity.

Maybe once they correct the imbalance here and make America just as competitive... (which means lowering not just our wages but THEIR prices...)

OTOH, it's cheaper to ditch America and let it rot... OTOH, if that was the case then this 'war on terror' isn't about oil...

Whatever. It doesn't matter.

[Englander]

3. WHY ARE YOU SHOUTING?!1!1!

Which Intel are yer babbling about? Is it this Intel, or another one?

'Intel to open tech centre in Gaza

Monday 20 February 2006, 23:15 Makka Time, 20:15 GMT

Intel, the world's largest semiconductor company, is planning to build the first information technology education centre in the Gaza Strip.

The Intel Information Technology Centre of Excellence is intended to provide IT training to Palestinians and stimulate development of high-tech industry in an area where half the labour force is unemployed.

The centre is being developed in conjunction with Washington DC-based American Near East Refugee Aid (ANERA) and the Islamic University of Gaza, The East Valley Tribune newspaper in Arizona reported.

Chuck Mulloy, an Intel spokesman, told the newspaper: "We don't want to discount the tension in the area ... but from our perspective, we view it as something that can have a positive impact.

"If you talk to the leaders of the Palestinian Authority, this is exactly the kind of thing they want. They want education, they want paths to improve the economic well-being of their citizens."

http://english.aljazeera.net/NR/exeres/9632B230-CEDF-4CD8-9DCD-7B49EB148F47.htm

______________________

Gaza IT Center Prepares To Break Ground

The goal is to train Gaza residents in everything from computer use to managing networks, to help reduce the 33% unemployment rate among the 1.3 million people living in the region.

By K.C. Jones
TechWeb News

Feb 21, 2006 07:31 PM

Intel and American Near East Refugee Aid plan to break ground on a Gaza Intel Information Technology Center of Excellence within two months.

Representatives of both organizations confirmed plans for the groundbreaking during interviews Tuesday. The center, planned for the Islamic University of Gaza, will be the fourth of its kind in the Middle East and is part of broader and separate Intel and ANERA Middle East initiatives.

ANERA formed 37 years ago to provide job, health, education and emergency war relief opportunities in the West Bank, Gaza and Lebanon. The nonprofit group partnered with Intel to open a similar center at Al Quds University in Jerusalem in 2004. Since then, more than 1,000 men and women have trained there.

The latest center will be the first of its kind in Gaza and should be completed by next year, according to representatives from ANERA and Intel. A Gaza pilot program, established in 1999 raised the number of residents trained in Java, Oracle and Microsoft from seven to 66. Now, several of those who completed the pilot program are teaching others.

The push to train Gaza residents in everything from computer use to managing networks aims to alleviate a 33 percent unemployment rate among the 1.3 million people living in Gaza, ANERA's Director of Communications Adrian Loucks said during an interview Tuesday.

http://www.informationweek.com/management/showArticle.jhtml?articleID=180206230&subSection=Global

[Coastie for Truth]

5. Same Intel

That's the "consolation prize" to "keep the door open."

The investment opportunities are there when the focus changes.

[Englander]

10. "Heck" of-a "job".

"Comrade".

The "herring" is "smoking", it is nearly "rouge".

**

[Wordie]

7. Link for that please?

[Coastie for Truth]

8. It's been in the SJ Merc Business and Technology Sections

several times

[Englander]

9. Prove it. n/t

[Wordie]

11. You made the statement in the OP...please back it up with a link, Coastie.