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"Second
Construction Cooperation Forum
Encourages More U.S.-Japan Partnerships"
Press
Release Issued by Press Office, American Embassy Tokyo, on June
13, 2000
Over fifty American and Japanese construction, civil engineering,
and architectural design companies participated in the second meeting
of the U.S.-Japan Construction Cooperation Forum (CCF) on June 12
in Tokyo, Japan. The U.S. and Japanese Governments also were represented.
"My predecessor Under Secretary David L. Aaron had a strong interest
in Japan's public works sector and was very concerned about the
low level of U.S. participation," said Acting Under Secretary Robert
S. LaRussa. "I share his interest and concern." This past year marked
the second consecutive year in which U.S. firms won only $50 million
in contracts (or .02 percent) in Japan's $250 billion public works
market.
The CCF, which is designed to increase U.S. participation in Japan's
public works market by facilitating the formation of joint ventures
between U.S. and Japanese firms, was agreed to during the July 1999
annual review of the U.S.-Japan public works agreements. The inaugural
meeting of the CCF was held in October. "I expect the second CCF
to result in enhanced and continued cooperation between American
and Japanese companies that will lead to greater participation in
Japanese public works projects," said LaRussa. "The continued dialogue
between our industries in the CCF is a welcomed development."
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