Bandung High Tech Valley (BHTV) is an initiative to foster technology-based business and industries in
Bandung
Bandung ( su, ᮘᮔ᮪ᮓᮥᮀ, Bandung, ; ) is the capital city of the Indonesian province of West Java. It has a population of 2,452,943 within its city limits according to the official estimates as at mid 2021, making it the fourth most ...
region. It aims to be the
Silicon Valley of Indonesia.
The BHTV initiative was originated from Ministry of Industry and Trade of Indonesia as a mean to increase electronics export. It was started in 1986, but was forgotten when Indonesia faced economy crisis in 1997. It was then restarted by some people in
Institut Teknologi Bandung
The Bandung Institute of Technology ( id, Institut Teknologi Bandung, abbreviated as ITB) is a national research university located in Bandung, Indonesia. Since its establishment in 1920, ITB has been consistently recognized as Indonesia's premier ...
.
Location
Bandung is chosen for the project because it has been known to have research centers and educations in technology and science through Institut Teknologi Bandung, founded during the
Dutch East Indies
The Dutch East Indies, also known as the Netherlands East Indies ( nl, Nederlands(ch)-Indië; ), was a Dutch colony consisting of what is now Indonesia. It was formed from the nationalised trading posts of the Dutch East India Company, which ...
period in 1920. In the course of time, graduated students and researchers from the university have contributed into the development in several technology-based companies located in Bandung. That includes
PT Telkom
PT Telkom Indonesia (Persero) Tbk, also simply known as Telkom, is an Indonesian multinational corporation, multinational telecommunications Conglomerate (company), conglomerate. Telkom is listed on the Indonesia Stock Exchange and has a seco ...
(telecommunication company: the headquarters and research center), PT Inti (electronics and telecommunication manufacturer), LEN (National Electronic Institute), Omedata (IC bonding and packaging), PT Dirgantara Indonesia (formerly IPTN, the only aircraft industry in Indonesia), PT Kereta Api Indonesia (state-owned railroad and train production company) and several small local companies.
History
The main focus of current BHTV initiative is to help small tech companies to start in Bandung. Another activity is to attract multinational companies to invest in research and development in the region. Talks have been initiated with some big and small companies.
In 2004, there was a BHTV expo, in which 70 companies (mostly in IT) took part.
On February 10, 2006, BHTV Foundation has been legally founded by four ITB faculty members to further oversee the development of BHTV.
References
External links
Official site
Economy of Indonesia
{{Indonesia-stub