{
    "success": true,
    "data": {
        "id": 1547871,
        "msgid": "ri-foreign-firms-tie-up-1447893297",
        "date": "1997-04-29 00:00:00",
        "title": "RI, FOREIGN FIRMS TIE UP:",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "RI, FOREIGN FIRMS TIE UP: JP\/alx South Korea's Samsung Corp, Japan's Nissho Iwai Corp and Indonesia's PT Suryamas Dutamakmur have entered a US$2.7 billion venture to develop a residential and commercial complex in Bogor, West Java. Executives from the three firms signed a contract in Jakarta yesterday. Suryamas will own 60 percent of the venture, while Samsung and Nissho Iwai will each have 20 percent.",
        "content": "<p>RI, FOREIGN FIRMS TIE UP:<\/p>\n<p>JP\/alx<\/p>\n<p>South Korea's Samsung Corp, Japan's Nissho Iwai Corp and<br>\nIndonesia's PT Suryamas Dutamakmur have entered a US$2.7 billion<br>\nventure to develop a residential and commercial complex in Bogor,<br>\nWest Java. Executives from the three firms signed a contract in<br>\nJakarta yesterday. Suryamas will own 60 percent of the venture,<br>\nwhile Samsung and Nissho Iwai will each have 20 percent. (from<br>\nleft to right) Samsung Corp's vice chairman, Min J.H, Suryamas<br>\nDutamakur's chief commissioner, Yoga Soegama, Samsung's<br>\npresident, Kenneth Lian, Nissho Iwai Corp's vice president,<br>\nMatamitsu Goto, and PT Suryamas Dutamakmur's commissioner Piet<br>\nYap. Samsung was quoted by AFP as saying in Seoul the three<br>\ncompanies would initially invest $500 million to build a new<br>\ntown, 36 kilometers southeast of Jakarta. (rid)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ri-foreign-firms-tie-up-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}