The agreement, which is subject to regulatory approval and expected to be completed by December 2022, will see Mitsui become a 49% shareholder and Nomura a 41% shareholder, with the remaining 10% shareholding retained by New Forests’ staff. Mitsui has been a shareholder in New Forests since 2016 and will increase its shareholding from approximately 23% to 49%.
Disruption of infrastructure services can cause significant social and economic losses, particularly in the event of a natural disaster and shows the importance of considering resilience to disaster in infrastructure investment decisions.
Infrastructure resilience encompasses the ability of a system to minimize loss of functionality and to recover functionality after a disruption. A methodology has been developed to incorporate elements of resilience in the infrastructure planning process, and this tool is a practical approach to apply this concept to the project level.
Act on Promotion of Private Finance Initiative (Act No. 117 of July 30, 1999)
Enforcement Order of the Act on Promotion of Private Finance Initiative (Cabinet Order No. 279 of September 22, 1999)
Enforcement Regulations of the Act on Promotion of Private Finance Initiative (Cabinet Office Order No. 65 of November 28, 2011)
In October 2008, JICA established the Office for Private Sector Partnership, and then upgraded to the Private Sector Partnership and Finance Department.
Resilient Infrastructure Public-Private Partnerships (PPPs): Contracts and Procurement – The Case of Japan