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

Central Japan sets sights on becoming world aerospace hub

Mitsubishi Heavy Industries' Komaki Minami plant in Aichi Prefecture (Courtesy of Mitsubishi Aircraft)

TOKYO -- Central Japan, already a base for key players in the aviation industry, is to bolster aerospace-related manufacturing in a bid to become a major international aerospace hub, on par with Seattle, home to Boeing, and Toulouse where Airbus is based. 

     According to Japan Aircraft Development estimates, 36,770 commercial airplanes will be in service by 2033, nearly double the number in 2013. Over the next two decades, the total demand will likely be worth more than 300 trillion yen ($2.52 trillion) and the Chukyo industrial area, which centers on the city of Nagoya in Aichi Prefecture, wants a bigger slice of that pie.

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