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GIC in tie-up to develop logistics assets in Indonesia

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Singapore's sovereign wealth fund GIC has made its first foray into Indonesia's logistics sector through a partnership with that country's publicly listed logistics developer PT Mega Manunggal Property Tbk (MMP).

Singapore

SINGAPORE'S sovereign wealth fund GIC has made its first foray into Indonesia's logistics sector through a partnership with that country's publicly listed logistics developer PT Mega Manunggal Property Tbk (MMP).

Under the partnership deal, they will develop a portfolio

sentifi.com

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