Aug 31, 2016

Low investment in G-7 nations clashes with central bank efforts

One big reason the global economy is spinning its wheels: some of the world’s richest governments are being tightwads. Group of Seven governments have been cutting their investment spending since a brief surge as the global financial crisis took hold. As a share of ...

Aug 28, 2016

Ministry plans to guide Asian nations in better use of land

The land ministry plans to draft a multilateral framework that could help developing nations in Asia make better use of their land through careful planning, government sources said. The sources said the ministry will propose the framework at the U.N. Conference on Housing and ...

Aug 13, 2016

Japan to fund $2.4 billion railway for congested Manila

Japan on Friday announced it is pouring $2.4 billion into a new railway aimed at easing Manila’s notorious gridlock. Japan, the Philippines’ top trading partner and source of aid, said the 38-kilometer (24-mile) elevated commuter line would connect Manila to nearby Bulacan province to ...

Why infrastructure repairs are being ignored

| Dec 12, 2015

Why infrastructure repairs are being ignored

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Several days after a storm caused the Kinugawa River to overflow its banks and destroy communities in Ibaraki Prefecture in September, the infrastructure ministry held on-site meetings to look into what went wrong. One problem was the loss of a sand embankment in the ...

Nov 18, 2015

Minister says Japan pension funds should invest in India rail

India proposed Japanese pension funds invest in rail projects in the South Asian nation as the government prepares to spend more than $140 billion over five years upgrading its outdated tracks. Indian Railways Minister Suresh Prabhu said he proposed the investment by Japan’s pension ...

Heavy downpours led to fatal electrocution of 58 in infrastructure-poor Iraq

Nov 6, 2015

Heavy downpours led to fatal electrocution of 58 in infrastructure-poor Iraq

Fifty-eight Iraqis died of electrocution during heavy rains and flooding last week, the health ministry said Thursday, illustrating the dangers posed by the country’s dilapidated infrastructure. The 58 “died of electric shocks,” spokesman Ahmed al-Ridaini told AFP. The sewer system was overwhelmed by several ...