On August 31, 2018, the law relating to the promotion of entry to infrastructure projects in the global market was enacted. The enforcement of the new law has put an additional item into "Japan Sewage Works Agency Act," which assigns JS to provide technical support to private companies who try to join a global wastewater market.
Basic policy of the new law
The new law consists of the following points:
- The meaning of promoting the entry of Japanese business to a global market including global needs of infrastructure development as a growth strategy
- Basic directions for promoting the entry of Japanese business to a global market including the involvement in the phase of project formulation and comprehensive development.
- Details of international operations that organizations including independent administrative institutions carry out
- Partnership and cooperation of stakeholders
Global water business is expected to be a market of over 100 trillion yen, or about 895 billion US dollars in 2020. Especially, wastewater market will rapidly grow with the rates of 30 %. The market that was 30 trillion yen or about 27 billion US dollars in 2013 is supposed to be 39 trillion yen or about 35 billion US dollars in 2020. We need to capturethe the voracious demands.
So, Article eight of the law relating to the promotion of entry to infrastructure projects in the global market assigns the additional operation to JS, which has official reliability with wastewater technology and know-how, as follows.Technical support operations to be implemented by JS
- Development of feasibility study and master plan
- Study of project formulation
- Design management and tender support
- Construction management support
- Operation management support of wastewater treatment plant
- Verification of technologies developed by private companies
- Training for foreign engineers
Additional business regulations for independent administrative institutions
The basic policy of the new law has added operations including research and design in overseas as a business of independent administrative institutions.