Mar 13, 2015

METI to subsidize expressway tolls for electric vehicles

The Ministry of Economy, Trade and Industry said Thursday it will launch an expressway fee subsidy program for 40,000 electric and plug-in hybrid vehicles from May till the end of the fiscal year in March 2016. The subsidies will be offered on condition that ...

Only 40% of Tohoku reconstruction subsidies spent: audit

Mar 3, 2015

Only 40% of Tohoku reconstruction subsidies spent: audit

Only 40.5 percent of government subsidies granted to Tohoku reconstruction projects by municipalities and other entities between fiscal 2011 and 2013 was used as planned, according to a review by the Board of Audit. A total of ¥3.4 trillion was extended to 102 projects ...

Dec 26, 2014

Abe administration proposes new subsidies for regional revitalization

The Abe administration proposed Friday creating new types of subsidies that towns, villages, prefectures would use at their own discretion to promote measures for stopping population decline and revitalizing regional economies. The proposal, part of a draft five-year comprehensive strategy for regional revitalization, was ...

Jul 21, 2014

New subsidies eyed for hosts of U.S. bases

The Abe administration is considering launching a new subsidy program in fiscal 2015 to help prefectures facing a heavier burden from hosting military bases due to the ongoing realignment of U.S. forces, an administration source said Monday. The move is aimed at winning greater ...

Jun 20, 2014

Rebates to promote fuel cell cars likely in 2015, METI says

The Ministry of Economy, Trade and Industry plans to offer subsidies to drivers who purchase fuel cell vehicles from fiscal 2015. The rebates are part of a road map adopted Thursday to bring hydrogen into common use as an energy source toward 2040. The ...

Jun 17, 2014

Ministry pledges subsidies to aid local bridge, tunnel repairs

The infrastructure ministry plans to create a new subsidy system in fiscal 2015 for large-scale repairs to bridges and tunnels by municipal and prefectural governments. The ministry, which is considering subsidizing half of the costs for such repairs, wants to include the money in ...