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Technology

Sumitomo taps Japanese partners for Hanoi smart city

Tepco, NEC and NTT Communications added to project consortium

Plans for the Sumitomo-led smart city in Hanoi include roughly 7,000 condominium units as the project kicks off in fiscal 2021. (Artist rendering courtesy of the company)

TOKYO -- Japanese trading house Sumitomo Corp. has taken on five compatriots as partners for its smart-city project in the Vietnamese capital of Hanoi, taking advantage of their infrastructure, technology and other know-how for development efforts kicking off in fiscal 2021.

A consortium to discuss specifics has been launched, with plans to set up an operating company in the second half of that year.

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