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

Hitachi sees over 1tn yen in business for Japan companies

TOKYO -- A nuclear power project in the U.K. will generate more than 1 trillion yen ($8.42 billion) in orders for Japanese businesses, it was learned Sunday, giving a shot in the arm to exports by an industry suffering from a lack of orders at home since the Fukushima accident of 2011.

     More than 3 trillion yen is budgeted for the project if joint venture Hitachi-GE Nuclear Energy constructs four advanced boiling water reactors -- and an even higher sum if six reactors get the nod. Hitachi has invited 40 or so Japanese companies to a meeting at the British Embassy here to explain details.

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