(Construction) - Japanese government announced on December 16 the support package "Smart JAMP" of worth one billion yen to conduct feasibility studies to develop smart cities in ASEAN region.
|Illustration photo (internet)|
Proposals are being invited from candidate cities in ten ASEAN countries. Tokyo expects Japanese private sector to be commissioned for the research work and to be involved from the upstream stage. The government will also secure a fund up to 250 billion yen in total including loans by Japan Bank for International Cooperation (JBIC) when a project advances to the implementation stage.
Mr. Hiroto Izumi, Special Adviser to the Prime Minister of Japan announced the program at the 2nd Japan-ASEAN Smart City Network High-Level Meeting held by the Ministry of Land, Infrastructure, Transport and Tourism. Smart JAMP includes three-stage assistance from upstream to downstream of the project such as the project formation survey, promotion of investment support and establishment of the consultation desk. MLIT will support establishment of smart city master plans, feasibility studies, and human resource development for ASEAN Smart City Network member cities.
Public-Private investment body Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development(JOIN) will invest 50 billion yen and 200 billion yen will be loaned by JBIC, which totals the possible investment value up to 250 billion yen. Official Development Assistance (ODA) will also be used for projects which are considered to serve the public interest in emerging countries. The website of Japan Association for Smart Cities in ASEAN (JASCA), which was launched last year, will be open to introduce good practices in Japan. (2020/12/17)
The Daily Engineering and Construction News of Japan