Indonesian property developer teams up with Japanese conglomerate to develop a smart city near Jakarta

The project is planned to be the “central hub of technology in Southeast Asia”

Japanese multinational conglomerate SoftBank Group Corp has formed a strategic alliance with Indonesian property developer Lippo Karawaci to build the “central hub of technology applications and research in Southeast Asia,” reported SmartCitiesWorld.

With this partnership, both companies would be deploying artificial intelligence (AI) and the Internet of Things (IoT) solutions in Lippo Village, Karawaci near Jakarta.

According to SoftBank, they will leverage their technology knowhow to introduce cutting-edge solutions to commercial facilities, hospitals, and Lippo Village area, the proposed model smart city for Southeast Asia.

“We are excited to move forward and collaborate with SoftBank to develop AI- and IoT-based innovative solutions for our customers across the largest integrated real estate and healthcare company in Indonesia,” said CEO of Lippo Karawaci John Riady.

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He also shared their plan to integrate IoT technology through smart traffic and smart cluster management in Lippo Village.

For smart traffic management, they would be utilising CCTV to calculate the number of vehicles entering the village and to recognise the type of vehicle used, such as trucks, buses, motorcycles, and cars.

As for smart cluster, they would be using a state-of-the-art camera with facial recognition software that can identify the occupants in each vehicle and record licence plate numbers.

SoftBank and Lippo Karawaci have also planned to introduce an AI-powered analytics platform to connect consumers’ behaviours with special rewards offered across the former’s entire network of malls.

“We are very pleased that we could launch this AI and IoT initiative together with Lippo Karawaci to make Lippo Village even more comfortable for residents and tenants,” said vice president and head of global business strategy at SoftBank Hidebumi Kitahara.