ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

In Jakarta suburb, Mitsubishi and Temasek unit plan smart city

High-tech community includes homes, shopping and medical services in 1 sq km

The Indonesian smart city will be built in Bumi Serpong Damai, about 25 km southwest of Jakarta. (Photo courtesy of Bumi Serpong Damai)

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more