Tuan Sing Holdings and Mitsubishi Estate (MEC) will be teaming up to develop an international luxury outlet mall in Karawang, Indonesia.
The development will be undertaken by a 50:50 joint venture company (JVC), PT Karawang Outlet Mall. The JVC will also serve as the operator of the mall.
The mall will be named The Grand Outlet – East Jakarta, and will be developed on a nine-hectare site at the cost of around $90 million.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
