ORIX and Partners to Perform PPP Survey for Disaster Recovery
Tokyo, Dec 5, 2011 (JCN) - A consortium of three companies including ORIX Corp., Nippon Jogesuido Sekkei Co. Ltd and Yokohama Water Corp. was selected to perform a study of Public-Private Partnership (PPP) methods for the reconstruction, maintenance, management and operation of sewer infrastructure. This study is part of a public tender for PPP disaster recovery projects by the Policy Bureau of the Ministry of Land, Infrastructure, Transport and Tourism (MLIT).
Under this project, the consortium will conduct a PPP project business feasibility survey concerning the reconstruction, maintenance, management and operation of sewer facilities in the town of Yamamoto, Miyagi Prefecture, where water and sewer facilities sustained severe damage as a result of the Great East Japan Earthquake. At the same time, the consortium will study business schemes with a view to extending such PPP projects to other areas affected by the earthquake.
The study's findings will be reported to the Policy Bureau of MLIT. The study will propose a scheme that facilitates the rapid and efficient restoration and recovery of sewer infrastructure through the use of private-sector resources for local governments affected by the earthquake.
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