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Japanese firm uses UK as aid springboard

A JAPANESE consultant specialising in overseas development projects in South East Asia is setting up a UK division to boost its markets in the developing world.

Nippon Koei UK hopes to extend into Africa, South America, Central Asia and eastern Europe working from a base in Reading.

The move anticipates action by the Japanese government to stop awarding all the work on its Yen983bn annual overseas aid programme exclusively to Japanese companies.

Under current rules development projects resulting from Japanese aid must be carried out by Japanese companies with at least 50% of the work done by Japanese nationals.

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