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Japan Govt to Provide Subsidies to Shipbuilders

Tokyo, Sept. 4 (Jiji Press)--The Japanese government will provide up to 213.1 billion yen in subsidies to three domestic shipbuilders as part of efforts to double the country's shipbuilding capacity in 10 years, transport minister Yasushi Kaneko said Friday. The subsidies to the three companies--Imabari Shipbuilding Co., its Japan Marine United Corp. unit and Namura Shipbuilding Co.--mark th...

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