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Temasek unit and Mitsubishi partner on urban development projects

Partners eye $2.5bn of infrastructure work in Asia over 5 years

A concept drawing of a Myanmar redevelopment project involving Mitsubishi. Demand for infrastructure is expected to keep rising in Southeast Asia.

TOKYO -- Singapore state-backed investment company Temasek Holdings' subsidiary Surbana Jurong and Japan's Mitsubishi Corp. will collaborate on urban building projects across Southeast Asia and beyond, with plans to recruit other partners for $2.5 billion in developments over five years.

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