Mitsubishi in JV with Lippo Group unit to develop $100m luxury condo projects in Jakarta

Mitsubishi in JV with Lippo Group unit to develop $100m luxury condo projects in Jakarta

Photo from Lippo Mall Kemang

Japan’s integrated business enterprise Mitsubishi Corporation and local developer PT Lippo Cikarang Tbk (LPCK) have signed a joint venture agreement to build two luxury condominium projects in Lippo Cikarang industrial estate in east of Jakarta at a total investment of $100 million.

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