Under the MoU, Ascendas, as master developer, and the Japan consortium will share knowledge and experience in areas of project financing, infrastructure technologies and industrial park development for the project, to be located in Chennai. It will have eco-friendly infrastructure for industrial, business, commercial, residential, and lifestyle amenities.
It will conduct feasibility studies and explore opportunities for financial participation and investment by Japanese consortium in the project for Japanese companies locating to the township. It will also facilitate participation by Japan infrastructure players in areas such as master-planning, professional consultancy, development of infrastructure, and building of essential facilities in the township.
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