InsideJapan News Network
Friday,
7th
January
2011
In General Japan News,
In General Japan News,
Japan supports eco projects
A public-private initiative is set to invest in overseas projects that aim to build so-called 'green cities'.
According to the Nikkei newspaper, the Innovation Network Corp of Japan is set to invest around 130 billion yen in developments in China and across south-east Asia to help lower pollution and increase the use of renewable energy.
The Innovation Network, which consists of 19 corporate companies, has confirmed that it will provide a total of ten billion yen to a partnership which includes Mitsubishi Heavy Industries, Mitsubishi Corp and Electric Power Development to begin a green project in India.
Located in Gujarat state, the new project could provide residents with access to solar power and eco-friendly water processing facilities.
In addition, Japan's ministry of economy, trade and industry is also planning to use around 40 billion yen in funds to fund smart-community developments abroad in 2011.
Written by Mark Smith.
According to the Nikkei newspaper, the Innovation Network Corp of Japan is set to invest around 130 billion yen in developments in China and across south-east Asia to help lower pollution and increase the use of renewable energy.
The Innovation Network, which consists of 19 corporate companies, has confirmed that it will provide a total of ten billion yen to a partnership which includes Mitsubishi Heavy Industries, Mitsubishi Corp and Electric Power Development to begin a green project in India.
Located in Gujarat state, the new project could provide residents with access to solar power and eco-friendly water processing facilities.
In addition, Japan's ministry of economy, trade and industry is also planning to use around 40 billion yen in funds to fund smart-community developments abroad in 2011.
Written by Mark Smith.
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