Turkey serves lesson for Japan's infrastructure export drive

IHI, others lost to cheaper South Korean proposal on Dardanelles bridge

20170317_two ministers_south korea and Turkey

The South Korean and Turkish ministers hold up the signed contracts for the bridge project.  

SINAN TAVSAN, Nikkei staff writer

ANKARA -- Though Japan is working to boost infrastructure exports by focusing on its technological prowess, its failure to score a major bridge-building contract in Turkey shows how costs and other considerations can take precedence.

Turkey signed an agreement Thursday with a South Korean-Turkish consortium for the construction of what will be the world's longest suspension bridge, a project many bidders, including Japanese and Chinese ones, had hoped to win.

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