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August 12, 1997updated 03 Sep 2016 11:51am

INTEL MAY GET INCENTIVES FOR CHIP PLANT FROM CZECH REPUBLIC

By CBR Staff Writer

The Czech government will today discuss a proposal to grant investment incentives to Intel Corp to build a computer microchip plant. The proposed plant will cost between $300 and $500m and if it gets the go ahead will be built on a green field site. If Intel gets the green light, the plant will initially employ some 3,000 people which could rise to 9,000 when it is fully operational. Intel has said the Czech Republic is on a short list of countries that it wants to build the plant in, with sites also being considered in the Middle East and Asia.

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