Japan Inc exit from nuclear exports would leave field to Russia, China
Share:
TOKYO/PARIS (Reuters) - The possible withdrawal of Japanese conglomerates from nuclear export projects in Britain and Turkey would leave the nuclear newbuild industry open to Russian and Chinese state-owned companies as Western private firms struggle to compete. Japanese media reported this month that Mitsubishi Heavy Industries (MHI) was set to scrap the Sinop nuclear project in Turkey as cost estimates had nearly doubled to around 5 trillion yen (34.78 billion pounds).Last week, Hitachi was..