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Japan To Push To Create Infrastructure Funds: Trade Minister

Friday, May 21, 2010

TOKYO (Nikkei)--Economy, Trade and Industry Minister Masayuki Naoshima said at a Tokyo forum Friday that Japan will promote the creation of infrastructure funds in Asia.

At the 16th International Conference on the Future of Asia, hosted by The Nikkei through Friday, he said the Japanese government will help build infrastructure, such as railways and power stations, from the developmental stage, using the nation's cutting-edge technology.

Such plans are included in the East Asian summit's medium-term economic plan, "Asia Growth Strategy," unveiled the same day.

Titles of speakers, names of companies, etc., were correct as of the time when the forum was held.