Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Business trends Japan risks losing nuclear prowess with Turkey project abort Plans to pursue overseas opportunities stall as safety costs tower The 2011 Fukushima disaster sill looms large over Japan's nuclear industry, which has seen rising safety costs undermine its ability to compete for overseas projects.
MASAMICHI HOSHI, KENJI ASADA and TAKASHI TSUJI, Nikkei staff writers December 5, 2018 07:02 JST | Japan
TOKYO -- The demise of a Japanese-led public nuclear power project in Turkey underscores the predicament faced by Japanese reactor builders, as orders dry up overseas on top of a long drought at home.
"We cannot accept this," a Turkish government official told representatives from
Mitsubishi Heavy Industries, when presented with an estimate of costs of the project in March.
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