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Japan – what can we learn? - Construction Labour Research

Japan – what can we learn? - Construction Labour Research

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Today, domestic construction demand has declined as a result of thestructural changes by the Koizumi regime that have reduced publicworks. Lead by the major and semi-major construction companies, theconstruction industry has looked toward large-scale construction in theMiddle East, Eastern Europe and Asia to seek a way out of thequagmire. The Ministry of Land, Infrastructure, and Transport hasprepared reports concerning overseas construction operationsannually, from 2004 to 2006, setting up a research group on Asianinfrastructure in 2005.In this paper I wish to ascertain aspects related to the expansionthroughout Asia of the <strong>Japan</strong>ese construction industry.Figure 3 Capital source in 2004International 国 際 金 融 機 関Financial 0%institution 0%円 借Loan 21% 21%無 償5%Free aid 5%そ の 他Others1% 1%自 己 資 金Equity capitals73%73%Resource: OCAJI2. Breakdown of construction awardsIn terms of overseas orders for <strong>Japan</strong>ese construction, the proportionof owned capital is the highest, follo<strong>we</strong>d by loan and free aid (Figure3). If <strong>we</strong> look at orders procured for construction according to theregion and country in Asia (as an average from 2001 to 2003), the<strong>Japan</strong>ese construction industry has taken a number of the public andprivate sectors in NIEs, and local public sectors in ASEAN. Also inChina, <strong>Japan</strong>ese construction companies have taken a serious numberof orders (Figure 4).CLR News No 2/200646

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