January 2006: A Japanese consortium led by Marubeni Corporation (MRB) has won a contract to build a railway system linking the Taiwan capital of Taipei and Chiang Kai-shek International Airport. The ¥91 billion/$793.11 million direct-link airport railway system will be the first constructed by Japanese companies in Asia outside Japan. Marubeni will be joined by Kawasaki Heavy Industries and Hitachi for the construction of the 51.5-km route, due to be completed by 2013.
June 2011: ST Aerospace and the Marubeni Corporation (MRB) announced that the two organizations have concluded joint venture (JV) discussions to form an engine leasing company in Singapore. The new (JV), "Total Engine Asset Management (TEAM)," will be equally owned and is expected to commence operations in the second half of 2011. (TEAM)ís initial engine leasing portfolio will include the (CFM56-3), (CFM56-5B) and (CFM56-7B) engines that mainly power narrow body airplanes such as the A320 and 737. The (JV) plans to invest approximately $100 million worth of assets within the first two years, with an equity injection of up to $40 million.