Asian Spectator

ACN Newswire Business

19 Global Partners Sign for US$850M Project in Lippo Group's MEIKARTA

  • Written by ACN Newswire
19 Global Partners Sign for US$850M Project in Lippo Group's MEIKARTA
JAKARTA, Mar 23, 2018 - (ACN Newswire) - MEIKARTA, the mega residential township project being developed by Lippo Group, has received US$850 million from 19 global partners focused on health & medicine, financial technology, education, logistics and technology research. The partnerships were inaugurated in Jakarta this week with ceremonies signing the memorandums of understanding (MOU).

MEIKARTA is the embodiment of Lippo Group's commitment to sustainability and the "five pillars of development"; developing an innovative infrastructure & transportation, a high tech central business district (CBD) & research hub, a business & commercial hub, a center for the arts, culture & education, and green sustainable living.

Ketut Budi Wijaya, President of MEIKARTA, said, "This partnership is a confirmation that the world community recognizes and sees MEIKARTA as a modern city of the future. The presence of global institutions, whether in education, health, or technology, will make MEIKARTA more than a dwelling. The MEIKARTA of the future will be the economic center that will grow and develop."

Bambang Soesatyo, Chairman of House of Representatives, Republic of Indonesia, said: "I am confident that the presence of these leading institutions in MEIKARTA, with their capital, networking, technology, systems and experience, will support the government's vision of national development".

Global institutions signing the MoU with MEIKARTA:1. Columbia University Medical Center (CUMC)2. University of North Carolina3. University College London (UCL)4. World Trade Center5. Genesis Rehab Services (GRS) 6. HTC Corporation 7. China Telecom Global Limited 8. ACSC & CFLP International Logistic9. Seafirst Technologies10. Union Space11. Rework12. USA Dunham Bush Refrigeration Equipment Inc13. e-Shang Redwood (ESR)14. Shanghai Infin Technology15. Nagase Indonesia16. Micro Focus17. JM Eagle18. Zhong Ying Finance19. Lausanne Hotel Management Institute

MEIKARTA is in the East Jakarta Corridor, which will be integrated with new transportation networks, including Jakarta-Bekasi High-Speed Rail, Patimban Deep Seaport, Kertajati International Airport, Jakarta-Cikampek Elevated Highway and APM (automated people mover) uniting seven new cities around MEIKARTA.

The MEIKARTA development covers 22 million m2 in its first phase, designed since 2014. Work started in January 2016 with the initial construction of one hundred skyscrapers, each with 35 to 46 floors, and the creation a workforce expected to reach 65,000 individual jobs.

MEIKARTA surpasses anything the country has ever seen, epic in its scale and vision as a truly integrated city of the future. Not only does MEIKARTA redefine what a modern city should look like and feel like, it sets the new standard for a world city in Southeast Asia and beyond. Visit meikarta.com.

For further information, please contact:Danang Kemayan JatiDirector of Information and Public Communication LippoEmail: [email protected][1]

Topic: InvestmentSectors: Daily Finance, Real Estate, ASEAN[2][3][4] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ [email protected] (www.acnnewswire.com)
  2. ^ Daily Finance (www.acnnewswire.com)
  3. ^ Real Estate (www.acnnewswire.com)
  4. ^ ASEAN (www.acnnewswire.com)

Authors: ACN Newswire

Read more http://www.acnnewswire.com/press-release/english/42237/

Artprice by Artmarket's 2019 Annual Art Market Report Shows Co...

PARIS, Feb. 21, 2020, /PRNewswire-AsiaNet/-- Artprice by Artmarket's 2019 Annual Art Market Report shows continued growth with a all-time record number of transactions based on global confid...

Enterprises Resume Work and Production in Xi'an, China amid No...

XI'AN, China, Feb. 21, 2020 /Xinhua-AsiaNet/ -- As China continues to tackle the novel coronavirus outbreak, its industries have started to return to work in an orderly manner. Xi'an, one of...

Toshiba's Destination Control System FLOORNAVI Wins Gold Award...

KAWASAKI, Japan, Feb. 20, 2020 /PRNewswire-AsiaNet/ -- Toshiba Elevator and Building Systems Corporation (TELC) has been awarded with the top distinction in this year's iF DESIGN AWARD, the ...

President of Indonesia Inaugurates Country's Largest Integrated Viscose Rayon Production Facility

Investment of Rp. 15 trillion (USD1,1 billion) in facilitySupports development of national textile industry and 'Making Indonesia 4.0' roadmapPANGKALAN KERINCI, INDONESIA - Media...

Gaining more control over fuel cell membranes

Tsukuba, Japan, Feb 21, 2020 - (ACN Newswire) - More organization at the molecular level could improve the efficiency of membranes used in the hydrogen fuel cells that provide energy to ele...

Zoomlion Takes Steps to Combat the Novel Coronavirus (Covid-20...

CHANGSHA, China, Feb. 21, 2020 /PRNewswire-AsiaNet/ -- Following the outbreak of Covid-19 novel coronavirus, Zoomlion Heavy Industry Science and Technology Co, (01157.HK) - a leading Chinese...

Huawei Releases Best 5G Network to Empower Business Success

LONDON, Feb. 21, 2020 /PRNewswire-AsiaNet/ -- At the Huawei product and solution launch in London, Peng Song, President of Huawei's Carrier BG Marketing and Solution Sales Dept, delivered a ...

Shiga Prefecture Announces Holding of Grand Opening Event for ...

OTSU, Japan, Feb. 21, 2020 /Kyodo JBN-AsiaNet/ -- - Former French Prime Minister Jean-Marc Ayrault Joins Event Visited by About 5,200 People -The Shiga Prefectural Government announced that ...

Yamaha Fine Technologies Offers Industry-first System to Safel...

HAMAMATSU, Japan, Feb. 21, 2020 /Kyodo JBN-AsiaNet/ -- - Ready to Take Orders for YMHN-50 Hydrogen Trace Gas Generator -On March 2 (Monday), Yamaha Fine Technologies Co., Ltd., a subsidiary ...

Eisai Receives the President's Award of the Japan Techno-Economics Society at the 8th Technology Management and Innovation Awards

TOKYO, Feb 21, 2020 - (JCN Newswire) - Eisai Co., Ltd. announced today that it received the President's Award at the 8th Technology Management and Innovation Awards held by the Japan Techno...

MHPS Receives 12 Year Maintenance Service Extension for the BLCP Power Station in Thailand

YOKOHAMA, Japan, Feb 21, 2020 - (JCN Newswire) - Mitsubishi Hitachi Power Systems, Ltd. (MHPS), concluded a third long-term maintenance agreement (LTMA) for the BLCP Power Station operated ...

Making Education Better Via a Blockbuster New Partnership

SCOTTSDALE, Arizona and SYDNEY, Feb. 21, 2020 /PRNewswire-AsiaNet/ -- - Janison and The Better Education Company are partnering to energize and expand the OECD Test for Schools (based on PIS...

King Salman Relief Center launches 2nd International Humanitar...

RIYADH, Saudi Arabia, Feb. 21, 2020 /PRNewswire-AsiaNet/ -- The King Salman Humanitarian Aid and Relief Centre [KSrelief] in Saudi Arabia is to host the 2nd International Humanitarian Forum ...

Gamuda Land Adopts Yardi Elevate for Leasing and Deal Management

KUALA LUMPUR, Malaysia, Feb. 21, 2020 /PRNewswire-AsiaNet/-- Strengthening leasing and deal management with an easy-to-use, mobile-friendly solutionMalaysian property developer Gamuda Land w...

Huawei Launches AirEngine Wi-Fi 6 Products, Accelerating Enter...

LONDON, Feb. 21, 2020 /PRNewswire-AsiaNet/ -- Huawei today unveiled the AirEngine Wi-Fi 6 series products, including 10 new Wi-Fi 6 access point (AP) models, at the 2020 product and solution...

Huawei Launches HiCampus Solution Globally

LONDON, Feb. 21, 2020 /PRNewswire-AsiaNet/ -- - Enterprises Now Have Access to Fully Wireless, Optical, and Intelligent Network Services across Campuses Today, Huawei released its HiCampus s...

Huawei Releases New 5G Products and Solutions, Poised to Bring...

LONDON, Feb. 20, 2020 /PRNewswire-AsiaNet/ -- At the Huawei product and solution launch in London, Ryan Ding, Executive Director of the Board and President of Huawei's Carrier BG, delivered ...

Resorts World Las Vegas and Hilton Partner to Introduce New Mu...

LAS VEGAS, Feb. 21, 2020 /PRNewswire-AsiaNet/ -- -- Partnership to incorporate the Hilton Hotels & Resorts, LXR Hotels & Resorts and Conrad Hotels & Resorts brands and Hilton Hon...

CenturyLink Launches Automated Threat Detection and Response F...

MONROE, Louisiana, Feb. 21, 2020 /PRNewswire-AsiaNet/ -- --Rapid Threat Defense identifies and stops threats based on customer-set policiesAs new technologies emerge and data continues to gr...