The Avanti Group Law articles: Gov't invest in Tokyo, Osaka port operators

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The Avanti Group Law Articles
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Revised law enables gov't to invest in Tokyo,
Osaka port operators

• A bill to revise the Ports and Harbors Law was
  passed into law Wednesday to enable the
  government to invest in the operators of hub
  container ports in the Tokyo and Osaka areas with
  the aim of boosting their competitiveness.
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• Having seen large chunks of Japanese cargo to
  Europe and North America routed via South Korea's
  Busan Port, which has been wholly backed by the
  South Korean government, Japanese businesses have
  been calling on the government to get involved in
  running ports in the Tokyo and Osaka bay areas.
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• The operators of three ports in the Tokyo region
  -- Tokyo, Yokohama and Kawasaki -- and those of
  two ports in the Osaka region -- Osaka and Kobe
  -- plan to integrate their management, and the
  government will then invest in the new firms.

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The Avanti Group Law Articles

• The government will promote business investment
  in preparing facilities to handle cargo that will
  contribute to reducing operational costs and be
  involved in sales to attract domestic and foreign
  freight.
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• Under the revised law, the government can also
  provide non-interest-bearing loans into projects
  to introduce warehouses with distributive
  processing functions near the major ports and to
  reinforce the quake-resistance of privately owned
  seawalls.
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• Details of the government's involvement,
  including investment ratios, will be discussed
  later as Yoichi Masuzoe, governor of the Tokyo
  metropolitan government which supervises the
  Tokyo port, remains cautious about the state's
  participation.