July 2010 - It may not be the most glamorous export, but selling treated sewage water is seen as a way Japan can profit from billions of tons of water now being dumped into the sea.As early as autumn, the Ministry of Land, Infrastructure, Transport and Tourism will conduct an experiment exporting highly treated sewage water from Chiba and Kawasaki cities to Australia.
Change of Nature of International Economy: Tax Havens and Capital Flight
- 50% of both world trade and financial transactions are made through tax havens
⇒Making money flow transparent and plugging the leaks are indispensable
Why solidarity “levies”
Each country imposes tax on the rich, redistributing revenue to the poor, using it for education, medical care and welfare, solving various problems, stabilizing society through taxation
Asian Countries Tackle Problem of Rising Water Demands in Urban Areas – Nine Asian countries under the auspices of Japan have met to discuss ways to meet the ‘explosive’ demands of urban water supplies in their respective areas. After a three-day meeting Jan.
JICA’s projects are global and encompass a series of different approaches ranging from raising educational awareness of water issues, teaching management, administrative and water engineering skills, building simple village water pumps in African villages or sophisticated filtration systems in cities to improving irrigation and agricultural systems, reducing the impact of climate change and improving health facilities and the expertise of nurses and volunteers to reduce widespread waterborne and other diseases.
JICA and the City of Yokohama, the birthplace of modern waterworks in Japan, organized the “Executive Forum for Enhancing Sustainability of Urban Water Service in Asian Region: Sharing and Mutual Learning of Experience Based on Partnership of Water Operators in Asia” on January 20-22, 2010. Invited were top executives of urban water operating entities and officials responsible for waterworks administration from Asian countries that have received ODA targeting the waterworks sector from the Japanese government.
Administration of Japanese ODA
Public Services International Japan Council (PSI-JC) and Union Network International Japan Council (UNI-JC) organised a joint workshop on 25th June 2009 in Tokyo, Japan. In this workshop, both global unions and its affiliates discussed and examined the current situation of international migration of Filipino nurses and care workers in Japan who are working under the Japan-Philippines Economic Partnership Agreement (JPEPA). Japan is badly in need of nurses, assistant nurses and care workers to work in health facilities.
This article evaluates Japanese foreign aid policy in light of the World Commission on Environment and Development’s concept of sustainable development by
focusing on Japanese official development assistance (ODA) to energy sectors in the global South. The analysis reported here finds two fundamental weaknesses in Japanese ODA policy on the energy sector: first, its premise of the compatibility of economic growth with environmental sustainability and, second, its heavy reliance
Indonesia and Japan sign energy deals - 21-08-07. To coincide with the signing of the economic partnership agreement (EPA) between Indonesia and Japan, firms from both countries have signed off on energy deals worth a total of $ 6.13 bn in value. Over half the agreements were made in a signing witnessed by President Susilo Bambang Yudhoyono and visiting Japanese Prime Minister Shinzo Abe, which saw a number of Indonesian and Japanese companies sign agreements on four energy projects worth $ 3.97 bn in total investment. One such project will see Japan's Mitsubishi carry out engineering, procurement and construction (EPC) of a 500 MW combined cycle power plant in Cilegon, West Java, to be built by state-run electricity company PLN. The project will cost around $ 345 mm.
Feb. 05, 2007 - Sumitomo Corporation executed with Indonesia's Star Energy Holding's an EPC contract agreement for 1 x 117MW Wayang Windu Phase 2 Geothermal Power Project. On January 30, 2007, Sumitomo Corporation ("SC" Mr. Motoyuki Oka, CEO), executed with Indonesia's Star Energy Holding's subsidiary Magma Nusantara Limited ("MNL" Mr. Supramu Santosa, CEO), an EPC contract agreement for 1 x 117MW Wayang Windu Phase 2 Geothermal Power Project ("Project") located in Pangalengan, Bandung, West Jawa, Indonesia.
Sep. 18, 2007 - Acquisition of 30% shares in Amata Power Limited by Sumitomo Corporation.
Sumitomo Corporation (head office: Chuo-ku, Tokyo; President and CEO Susumu Kato; hereinafter referred to as "SC") has acquired 30% of shares in Amata Power Limited ( hereinafter referred to as "APL"), who owns and operates 3 power plants in Thailand and Vietnam. SC and Sumitomo Corporation Thailand Limited, a 100% owned subsidiary of SC, have jointly established a new subsidiary in Thailand, named Summit Sunrise Energy Co., Ltd ("SSEC"), and SSEC will own the shares in APL.
Jan. 05, 2009 - Sumitomo Corporation has come to an agreement to expand the capacity of Tanjung Jati B Unit 1&2 Coal Fired Power Plant which is invested through SC's 100% subsidiary in Indonesia, PT. Central Java Power ("CJP"). Recently SC and CJP signed the financing contracts for the expansion, namely Tanjung Jati B Unit 3&4 Coal Fired Power Plant (hereafter referred to as "Expansion Plant").
The financing contracts are based on project financing, headed by Japan Bank for International Cooperation and co-financing lenders (Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Banking Corporation and BNP Paribas).
Apr. 10, 2009 - Sumitomo Corporation (head office: Chuo-ku, Tokyo; President and CEO: Susumu Kato) has acquired 70% stake in the project company which owns and operates the Kwinana power plant in Australia. It is our first opportunity to participate in power generation project in Australia. Kwinana power plant is 320MW natural gas fired combined cycle power plant which is located nearby Perth, Western Australia It has been in good operation since its commissioning in November 2008.
Mar. 11, 2008 - Sumitomo Corporation signed the Contracts with Indonesia's PT.Plant, under the JBIC Credit Scheme. PLN (Persero) for Rehabilitation of SAGULING Hydro Electric Power Plant and PAITON Steam Power. Sumitomo Corporation (Head office: Chuo-ku, Tokyo, President: Susumu Kato) made the following contracts with PT. PLN (Persero), the state power firm in Indonesia:
1. Rehabilitation and Modernization of Saguling Hydro Electric Power Plant unit 1-4 < 4 x 178MW >
2. Rehabilitation of Paiton Steam Power Plant unit 1-2 < 2 x 400MW >
Buyer's Credit for Power Project in Philippines Project Finance for the Private Participation Infrastructure Project (November 10, 2000) -- 1. Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Yasuda) signed today a loan agreement totaling US$255.09 million with KEPCO Ilijan Corporation (KEILCO), incorporated in the Philippines in 1997 with joint equity stake of Korea Electric Power Corporation, Mitsubishi Corporation, Southern Energy Inc., a U.S. corporation, and Kyushu Electric Power Company, Inc. The loan is cofinanced with Bank of Tokyo-Mitsubishi, Ltd., BNP Paribas, Tokyo Branch, Citibank, N.A., Sumitomo Bank, Limited, with JBIC assuming $153.1 million or 60 percent of the total amount. The proceeds of this loan will be applied to the purchase of goods and services from Japan for the natural gas-fired combined-cycle power plant project implemented by KEILCO. The loan is provided on a limited recourse (so-called project finance) basis in which repayment is secured primarily on cashflow from the project. The Japanese exporter and manufacturer are Mitsubishi Corporation and Mitsubishi Heavy Industries, Ltd.