News Japan’s Sumitomo Forestry to buy US’ JPI for $215m Japanese wooden housing and materials company Sumitomo Forestry has spent $215m to acquire a majority stake in US housebuilder JPI. JPI will keep its name and maintain its headquarters in…
News Japan set to delay $15.5bn plan to extend bullet train to Sapporo The Japanese government is likely to postpone further plans to extend a bullet train line to Sapporo, capital of the northern Japanese island of Hokkaido, by the spring of 2031.…
News Work begins on $4.8bn Torch Tower Tokyo, Japan’s tallest building Developer Mitsubishi Estate has fired the starting pistol for what will become Japan’s tallest building: the 390m Torch Tower skyscraper near Tokyo Station. The design, by Sou Fujimoto Architects, has…
News Inflation pushes Osaka World Expo costs to $1.5bn The expected construction cost of the 2025 World Exposition in Osaka has risen $300m to more than $1.5bn, reports Japanese news site NHK. The costs of the Expo, which will…
News Two killed, six injured after Japan bridge girder fails A collapsing bridge girder has killed two construction workers and injured another six in Japan’s Shizuoka Prefecture, 80km southwest of Tokyo. The accident occurred when a 65m-long girder, which was…
News World’s largest indoor Harry Potter attraction unveiled in Tokyo A theme park in Tokyo based on the Harry Potter movies was shown to the press today, ahead of its opening to the public on Friday. According to The Japan…
News Japanese firm unveils plan for floating medical city Japanese startup N-Ark has announced plans to build a futuristic floating city built on sea-cooled data centres and cutting-edge medical care, and has launched a consortium to realise its vision.…
News Work begins on rail link between Tokyo Station and Haneda airport Construction has begun on a rail service between Tokyo Station and Haneda International Airport with connections to the city’s Utsunomiya, Takasaki and Joban Lines. A press release from the East…
Markets Mott MacDonald taps into growing Japanese offshore wind market UK-headquartered consulting engineer Mott MacDonald has helped Japan’s Hibiki Wind Energy and syndicated lenders reach financial close on the 220MW Kitakyushu Hibikinada offshore wind farm in western Japan. The company…
News Japan paves way for $13.5bn Osaka casino complex The government of Japan has chosen the city of Osaka as the site of its first casino, clearing the way for a $13.5bn resort complex, South China Morning Post reports.…
Markets Japan to invest $113bn in hydrogen economy by 2040 Japan plans to increase its use of hydrogen from 2 million tonnes a year to 12 million by 2040, The Japan Times reports. The policy envisages $113bn of investment from…
News Heatherwick Studio designs British School in Tokyo UK architect Heatherwick Studio has unveiled its design for the British School in Tokyo, a 15,000 sq m space that will accommodate 800 students, making it the largest international school…
News Japan lends Egypt $306m towards cost of Line 4 of Cairo’s metro Japan International Cooperation Agency (JICA) has agreed a loan worth up to $306m to fund part of Line 4 of the Cairo metro. The money will go towards the first…
News Japan plans nuclear return with seven dormant plants revived Japan plans to bring seven dormant nuclear plants back online this year and to start building a new fleet of state-of-the-art reactors to meet its energy needs. The move comes…
Markets Japanese EV motor maker plans $715m Mexican plant to meet demand Japanese manufacturer Nidec, which makes motors for electric vehicles (EVs), will build a $715m factory in Mexico, Nikkei Asia reports. The plant will make the “e-axle” drive system, which combines…
News Japan eyes portable harbours to defend islands in East China Sea Japan is to develop portable harbours that would make it easier to defend its southern islands in the event of armed conflict with China, Nikkei Asia reports. The project, which…
News Wind-farm hat trick sees Van Oord enter Japan for first time Rotterdam-headquartered marine contractor Van Oord and Japanese construction giant Kajima have been selected as the preferred “balance of plant” contractors for three offshore wind projects in Japan.