Southeast Asia, including five in Viet Nam , to promote
infrastructure export under a public-private partnership (PPP)
initiative, a local media reported.
These projects,
which will have an estimated combined cost of roughly 900 billion JPY
(about 1.16 billion USD), include an international airport, a coal-fired
power plant, an industrial park and urban development in Vietnam; work
related to water supply systems in Vietnam, Malaysia and Indonesia; a
highway in the Philippines; and a waste-processing facility in
Indonesia, the Nikkei daily reported, adding that the Japanese
Government plans to begin detailed feasibility studies in October this
year.
According to the Nikkei, the Japanese
Government aims to boost Japan 's infrastructure-related exports
through public-private partnerships, as suggested by the Japan Business
Federation, better known as Nippon Keidanren. To provide the necessary
funds for building roads and other social infrastructure, which often
require large long-term investments, it is considering tapping its
official development assistance programme. In addition, the Japan Bank
for International Cooperation (JBIC) may offer financial support.
The Japanese Government also aims to resume overseas investment and
loans by the Japan International Cooperation Agency (JICA) and seeks to
help water departments at Japanese municipalities develop overseas water
businesses.
In June, the Japanese cabinet adopted a
goal of nurturing infrastructure-related export through public-private
partnerships into a market worth 19.7 trillion JPY by 2020 as part of
its new economic growth strategies, the Nikkei said./.
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