
TOKYO -- Japanese trading house Mitsubishi Corp. will partner with a wholly owned subsidiary of Singapore's state-backed investor Temasek Holdings to build a high-tech community near Indonesia's capital, Nikkei has learned.
The pair have formed a joint venture for the project, which will span about 1 sq. km in Bumi Serpong Damai, a planned city about 25 km southwest of Jakarta. Local developer Sinar Mas Land will participate as well.