Feb 21, 2015

MHI-led group wins Qatar subway order

A five-member consortium led by Mitsubishi Heavy Industries Ltd. has received an order to build a subway system in Qatar. The value of the order from Qatar’s state-run railway company is estimated at some ¥400 billion, Mitsubish Heavy announced Friday. Under the turnkey deal, ...

Japan, China competing for construction projects in Asia

Jan 28, 2015

Japan, China competing for construction projects in Asia

Japanese firms are in a sales war against China in developing nations, where governments are eager to initiate major civil engineering projects. Railways, roads and electric power plants are essential for economic development. Japan’s own era of high economic growth after World War II ...

Nov 17, 2014

Japan to provide $55 million for Asia development

Finance Minister Taro Aso said Japan will provide $55 million to help promote infrastructure investment in Asia and other parts of the world. Of the total, $40 million will be contributed to a new fund planned to be set up by the Asian Development ...

May 27, 2014

With Modi at helm, firms hope for boom

Japanese businesses are pinning high hopes on a boom in infrastructure projects under new Indian leader Narendra Modi, who built a strong track record in economic management as a local leader. Modi was sworn in as prime minister on Monday after his Bharatiya Janata ...