Japan mulls high-tech economic stimulus

March 17, 2009
An teacher instructs a student in a Tokyo computer lab. Japan may invest two billion dollars or more in new information and communication systems, including linking the nation's schools with fibreoptic networks, under an economic stimulus package with the aim of creating 400,000 jobs by 2011.

Japan may invest two billion dollars or more in new information and communication systems under an economic stimulus package with the aim of creating 400,000 jobs by 2011, an official said Tuesday.

Under the blueprint, the government would build vast fibreoptic networks to supply broadband to entire communities, and subsidise new technologies such as wireless communication networks for cars, the official said.

The three-year plan, if approved, could be financed under a new economic that Prime Minister Taro Aso announced last week, said Ministry of Internal Affairs and Communications official Yoshinori Shibayama.

Under the proposal, expected to be worth at least 200 billion yen (two billion dollars), could also link many of the nation's schools, hospitals and other public institutions with fibreoptic networks, said Shibayama.

"The government wants to support that kind of new technology," he told AFP.

The ministry predicts the new investments could create 300,000 to 400,000 across a broad range of industries by 2011, he said.

"For example, by building a ubiquitous communication system we could provide services such as remote medical care or remote education," Shibayama said.

Aso announced last week plans for a third stimulus package to revive Asia's largest economy, which is heading for its worst since World War II.

He did not say how much the latest package would be worth but local media estimated it could be as much as 20 trillion yen (203 billion dollars).

(c) 2009 AFP

Explore further: Semiconductor sales down 28.6 pct in January: SIA

Related Stories

Semiconductor sales down 28.6 pct in January: SIA

March 2, 2009

Worldwide semiconductor sales declined 28.6 percent in January from a year ago as the global recession continued to take a big bite out of the computer chip industry, an industry tracker said Monday.

Recommended for you

A not-quite-random walk demystifies the algorithm

December 15, 2017

The algorithm is having a cultural moment. Originally a math and computer science term, algorithms are now used to account for everything from military drone strikes and financial market forecasts to Google search results.

US faces moment of truth on 'net neutrality'

December 14, 2017

The acrimonious battle over "net neutrality" in America comes to a head Thursday with a US agency set to vote to roll back rules enacted two years earlier aimed at preventing a "two-speed" internet.

FCC votes along party lines to end 'net neutrality' (Update)

December 14, 2017

The Federal Communications Commission repealed the Obama-era "net neutrality" rules Thursday, giving internet service providers like Verizon, Comcast and AT&T a free hand to slow or block websites and apps as they see fit ...

The wet road to fast and stable batteries

December 14, 2017

An international team of scientists—including several researchers from the U.S. Department of Energy's (DOE) Argonne National Laboratory—has discovered an anode battery material with superfast charging and stable operation ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.