No. 111: Engineering company collaborates with a prefecture in Japan (July 24, 2010)

Chiyoda Corp., one of Japan’s leading plant engineering companies, will collaborate with Fukuoka Prefecture to help medium-sized companies in Fukuoka Prefecture materialize environment-related business in China and Vietnam. Chiyoda conducts research on the market in China and Vietnam and proposes a project to the prefecture. Based on the proposed project, the prefecture negotiates with medium-sized companies in the prefecture to materialize a project. Each of the medium-sized companies addresses licensing of technology for environment conservation, such as desulfurization equipment and water purifying equipment, to China and Vietnam. Fukuoka Prefecture concluded an agreement on exchange for solutions of environmental problems with Jiangsu of China and Hanoi of Vietnam. The collaboration between an engineering company and a prefecture seems to become a touchstone of Japan’s environment business for the global market.