Tokyo (VNA), Oct. 23 -- Japanese trading house Sumitomo Corp. has taken on five partners for its smart city project in Hanoi, taking advantage of their infrastructure, technology, and other know-how for development efforts kicking off in fiscal 2021, according to Nikkei Asia Review.

The partners are information technology giant NEC , Topco Power Grid - the electricity transmission unit of Tokyo Electric Power Co. Holdings, NTT Communications, Mitsubishi Heavy Industries Engineering, and advertising Hakuhodo.

A consortium to discuss specifics has been launched, with plans to set up an operating company in the second half of that year.

Under the envisioned plans, Tepco Power Grid and Mitsubishi Heavy Industries Engineering will build inf...