Japan gets organised for nuclear exports

05 May 2010

A new company should be formed later this year to support Japanese exports of nuclear power technology and knowledge. The Ministry of Economy Trade and Industry (Meti) has agreed to set up the firm with involvement from utilities the Tokyo, Chubu and Kansai  electric power companies as well as with reactor vendors Toshiba, Hitachi and Mitsubishi Heavy Industries. The Innovation Network of Japan - a joint venture of government and industry - may also join. The move is seen as a reaction to South Korea's success in exporting to the United Arab Emirates and directed towards winning new nuclear contracts with the emerging nuclear countries of south-east Asia. 

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