Kioxia and SanDisk Launch Advanced Fab2 Operations in Japan
Kioxia Corporation, a subsidiary of Kioxia Holdings Corporation and Sandisk Corporation, recently announced the start of operations at Fab2 (K2), a state-of-the-art semiconductor fab at its Kitakami Facility in Iwate Prefecture, Japan. Fab2 has the capacity to produce eighth-generation, 218-layer 3D flash memory featuring the companies’ revolutionary CMOS Direct-Attached-to-Die (CBA) technology and future advanced 3D flash memory […]
Elegant Hotel Collection Expands Its Global Footprint with Leadership Appointment
Elegant Hotel Collection, one of the pioneering luxury soft brands powered by HotelREZ, has strengthened its global position by welcoming Anita Chan as CEO for the Asia Pacific region under a joint venture agreement between Anita Chan (Hong Kong) and Elegant Hotel Collection (headquartered in the United Kingdom). A successful business leader with global influence, […]
Rio Tinto JV with Sumitomo Metal Mining to Boost Winu Project
Rio Tinto and Sumitomo Metal Mining Co (SMM) have signed the final joint venture agreements to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia. The final joint venture agreements were signed in Perth by Rio Tinto Copper Chief Executive Katie Jackson and SMM Director, Managing Executive Officer, and […]
BKV and CIP Announce Carbon Capture JV With USD 500mn Investment
BKV Corporation recently announced the formation of a strategic joint venture between BKV dCarbon Ventures, LLC, BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners (“CIP”), on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration (“CCUS”) projects. CIP, on behalf of its Energy Transition Fund I, has agreed […]
Fluor JV Celebrates Successful Completion of Tengizchevroil’s Future Growth Project
Fluor Corporation has announced that it successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oil field in Kazakhstan. The Fluor-led joint venture, including partners Worley, Kazakh Institute of Oil and Gas, and KazGiproNefteTrans Engineering Company, has provided a suite of engineering, procurement, […]
Joint venture Acquires Eight-Building Small Bay Industrial Portfolio in South Florida
A joint venture between Tramview Capital Management and East Capital Partners recently completed the off-market acquisition of an eight-building small bay industrial portfolio located in the thriving Port St. Lucie, FL market. The 133,172-square-foot infill portfolio is strategically situated proximate to Interstate 95, an abundance of retail amenities, consumers, and the rapidly expanding residential base […]
Indosat, Lintasarta, and BDx Collaborate to Launch Indonesia’s AI-Powered Data Center Park
![[From left to Right] Mayank Srivastava, CEO, BDx Data Centers; Jensen Huang, Founder & CEO of NVIDIA; Vikram Sinha, President Director and CEO of Indosat Ooredoo Hutchison; and Ronnie Vasishta, Senior Vice President of Telecom at NVIDIA, at Indonesia AI Day 2024 (Photo: Business Wire)](https://worldbusinessoutlook.com/wp-content/uploads/2024/12/BDX-Indosat-Ooredoo-Hutchison-And-Lintasarta-Executives-1024x505.png)
BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat or IOH), Lintasarta, and BDx Data Centers (BDx), has recently launched an AI data center park in Indonesia. The phase 1 deployment of the renewable energy-powered CGK4 AI campus is equipped with NVIDIA’s AI and accelerated computing platform. Guided by the spirit of Gotong Royong, […]
P3 Group And FPT Software Launches P3 Vietnam Ltd-A Joint Venture
FPT Software, a leading global technology company, and P3, an international management consultancy founded in 1996, recently announced the establishment of the joint venture P3 Vietnam Ltd. This partnership combines their complementary strengths and sets new standards in software development. Customers benefit from the ideal combination of P3’s deep industry understanding and FPT’s impressive scalability, […]
Loft Orbital and Marlan Space Partner to Form First Satellite Production Company in the Middle East
Abu Dhabi-based Marlan Space, a new space company affiliated with International Holding Company (IHC), has established a joint venture with Loft Orbital to form Orbitworks, the Middle East’s first private space infrastructure company. Orbitworks marks a significant milestone in the UAE’s rapidly growing space sector, becoming the first to produce commercial low Earth orbit (LEO) […]
ZCG and Fawaz Alhokair announce strategic partnership
Z Capital Group (“ZCG”), a leading privately held merchant bank, and Zahrat Al Amaal Holding Company (“Fawaz Alhokair”), an investment entity founded by Fawaz Alhokair, recently announced a direct lending joint venture focused on providing flexible capital solutions to high-growth small- and medium-sized enterprises (SMEs) in Saudi Arabia. The strategic partnership, set to be operational […]
