A nuclear power plant project in Britain is giving Japan a glimmer of hope for spurring infrastructure exports, a key growth strategy of Prime Minister Shinzo Abe.
Hitachi Ltd. and the U.K. government started official talks last month on building new reactors in Wales, with a goal of firing them up in the first half of the 2020s.
The outlook for the ¥3 trillion project is unclear, with both sides facing a string of challenges in the talks going forward.
For Tokyo, the plan is one of its few remaining major overseas projects on the horizon, with other nuclear power generation plans discontinued or facing cancellation.
The government’s bet on nuclear power plants as a pillar of infrastructure exports comes as the likes of Germany, Italy, Taiwan and South Korea are pulling out of atomic power generation.
Junko Horiuchi – Japan Times Online – July 29, 2018.
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