Prime Minister Keizo Obuchi instructed his Cabinet Monday to start working out industrial "millennium projects" that will enable the government and private sector to concentrate joint efforts on growth industries such as information technology.
During the fifth meeting of the state Competitiveness Commission, Obuchi said the government offices concerned will devote themselves to the materialization of the joint project by making cross-territorial efforts within the government and closely cooperating with industry and academia.
Monday's meeting of the commission focused on the problems concerning venture businesses as well as small and midsize enterprises.