TOKYO -- The Japanese government and ruling Liberal Democratic Party are drafting policies to revitalize the country's shipbuilding industry, including a plan for the government to construct or rehabilitate shipyards.
Economy
Japan weighs 'national shipyard' to revive shipbuilding sector
Government and ruling party seek to strengthen maritime capabilities
A shipyard in Fukuyama, Japan. "Reviving the shipbuilding industry is critically important for our economic security," Economic Security Minister Minoru Kiuchi said on June 20. (Photo by Kotaro Abe)
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