Indonesian cybercity: US$2 billion

Japan's IT fund may soon be put to good use as Indonesia calls on its US$15 billion to fund its very own Cyber City Indonesia (CCI). It will be fashioned along the lines of cyber ports in the United States, Hong Kong and Malaysia. About 10 hectares of the former Kemayoran Airport have been allocated as the site of the cyber city.

JAKARTA - Indonesia may soon have its equivalent of Malaysia's Multimedia Super Corridor when it receives US$2 billion. PT Cyber City Indonesia [CCI] is seeking the necessary funds from Japan's special IT development to develop an international-standard cyber city.

CCI's president, Edward S. Soeryadjaya, mentioned in the Jakarta Post that the cyber city would be fashioned along the lines of cyber ports in the United States, Hong Kong and Malaysia.

Currently 10 hectares of the former Kemayoran Airport have been allocated as the site of the cyber city.

Estimates reveal that US$7 million will be spent on the construction and installation of the city. The refurbishing includes facilities like fiber optics for high-speed data, voice and graphic transmissions.

Regionally Japan has pledged US$15 billion for various IT projects in developing countries. This initiative was mentioned during the Group of Eight summit in July on the island of Okinawa in Japan.