Ascendas Pte Ltd is in discussions with its Japanese partners for a joint investment in China, India and Vietnam, the President & CEO, Chong Siak Ching stated.Japanese corporations were already Ascendas clients in some of its six tech parks in India. It also has a Singapore-listed Indian property trust, Ascendas India Trust, which has the primary objective of owning real estate in India.
"Our Japanese partners have a keen interest in investing outside Japan. Japanese partners have expressed a strong interest in investing in India. The current focus would be on Ascendas six international tech parks - two each in Chennai and Hyderabad and one each in Bangalore and Pune," Chong further said. Ascendas has similar investments and properties across Asia, including China and Vietnam.
