August 17, 2010

Govt Mulling Private-Public Fund For Infrastructure Projects

The government is working toward establishing a new public-private investment fund to promote the use of private money in infrastructure development, according to Nikkei. The fund will raise money from a number of sources, including individuals, institutional investors and businesses. The government is hoping to use the PFI method to develop a wide range of infrastructure, such as highways, railways, airports, seaports and water resources, with less burden on public finance.

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