Aug 6, 2015

Japan to subsidize costs for eco-friendly trucks

The Environment Ministry plans to subsidize the cost of purchasing next-generation trucks and buses powered by electricity or other eco-friendly energy sources as part of efforts to reduce carbon dioxide emissions, according to sources. The ministry intends to provide at least half of the ...

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 ...