ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

2 Japanese companies aim to fund 30% of Turkish nuclear project

TOKYO -- Mitsubishi Heavy Industries and trading house Itochu are working on a deal to take a combined stake of 30% in a nuclear plant project in Turkey, seeking opportunities abroad amid a dearth of new business at home.

     In the 2 trillion yen ($15.8 billion) project, the Japanese duo and French power utility GDF Suez are expected to hold a combined interest of 51% in a joint venture that will build and operate a nuclear plant in the Black Sea city of Sinop.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more