Foxconn (Taiyuan) Technology Industrial Park is one of the seven technology industrial parks invested and constructed by Taiwan's Foxconn Technology Group in the mainland of the motherland. Foxconn Technology Group is one of the top 500 companies in the world and one of the top 10 IT companies in the world. Foxconn (Taiyuan) Science and Technology Industrial Park is one of them. It is located in Taiyuan Economic and Technological Development Zone. The foundation stone was laid on October 17, 2003, and construction was officially started on January 1, 2004. The total investment of the project is planned to be 1 billion US dollars. About 1.3 billion yuan, with an additional investment of 1.5 billion yuan in 2005. The total planned land area of the park is 305 hectares, with a total construction area of 2.18 million square meters.