In Jakarta suburb, Mitsubishi and Temasek unit plan smart city

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

20200911N smart city

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

HIDEFUMI FUJIMOTO, Nikkei staff writer

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.

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