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Newly Introduced Concession-type PFI in Japan

NO&T Japan Legal Update

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胜山辉一
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长岛・大野・常松律师事务所
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NO&T Japan Legal Update 第1号(2015年5月)
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英文

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请注意,本简报的目的是提供信息,并非提供法律建议。另外,本简报仅包括根据发行日(制作日)时点的信息,不包括该时点之后的信息。特别是速报可能会与现状的解释或惯例不同,敬请留意。

Privatization of Government Services and Public Infrastructure Projects

Motivated by concerns regarding the country’s massive national debt, which reportedly exceeded 1 quadrillion yen (roughly 10 trillion US dollars) in 2013, the government of Japan (“Government”) has taken steps to facilitate greater privatization of government services and projects related to infrastructure, in particular through the enactment of legislation intended to stimulate Private Finance Initiative transactions (“PFI”). In 2011, the Government announced its plan to raise the level of PFI investments in Japan to at least 10 trillion yen (roughly 100 billion US dollars) by 2020 and the PFI Law was amended in the same year to achieve this ambitious goal.

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