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METI Releases Overseas Development Strategy of Water Industry

July 27, 2018

Based on the Export Strategy for Infrastructure Systems (FY2018 revised version) established by the Management Council for Infrastructure Strategy on June 7, 2018, the Overseas Development Strategy in the Field of the Water Industry has been formulated.

The Ministry of Economy, Trade and Industry (METI) hereby released the Strategy.

1. Background

The Export Strategy for Infrastructure Systems (FY2018 revised version) stipulates a governmental goal that Japanese companies should receive orders for infrastructure projects with a total value of approximately 30 trillion yen in 2020,* and the government should formulate overseas development strategies necessary for major industries and important fields as an approach to achieving the goal. In light of this, the Cabinet Secretariat decided to play a coordinating role to compile an Overseas Development Strategy in the Field of the Water Industry, and in response, METI engaged in formulation of the Strategy in cooperation with related ministries and agencies, including the Ministry of Internal Affairs and Communications, the Ministry of Health, Labour and Welfare, the Ministry of Agriculture, Forestry and Fisheries, the Ministry of Land, Infrastructure, Transport and Tourism and the Ministry of the Environment.

*Note: The figure includes estimated income from investment in projects.

2. Outline of the Overseas Expansion Strategy

Based on the analysis results of overseas and domestic market trends in the water industry, Japan’s strong points, trends in competitor countries and other issues, the Strategy explains priority fields on which Japan should place weight and shows future directions of Japan’s efforts for overseas development.

In line with the Strategy, METI will promote related efforts, e.g., effective utilization of the existing support frameworks for facilitating policies, and will contribute to achieving the governmental goal.

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