ID :
154301
Wed, 12/22/2010 - 11:47
Auther :
Shortlink :
https://www.oananews.org//node/154301
The shortlink copeid
Japan earmarks 37 bil. yen for U.S. Marines` transfer to Guam+
TOKYO, Dec. 21 Kyodo -
Japan has decided to allocate 37 billion yen or $420 million in a draft budget
for fiscal 2011 for building utility facilities in Guam in a bid to proceed
smoothly with the planned transfer there of U.S. Marines from Okinawa, several
government sources said Tuesday.
By forging ahead with the transfer, the government is apparently aiming to ease
the burden on people in Okinawa for hosting the bulk of U.S. military
facilities in Japan and win more support for its plan to relocate the U.S.
Marine Corps' Futenma Air Station within the island prefecture.
The Cabinet of Prime Minister Naoto Kan is set to endorse the draft budget for
the year from next April in a meeting Friday.
In May 2006, Japan and the United States agreed on a road map for realignment
of U.S. forces in Japan, featuring plans to relocate the Futenma airfield from
Ginowan to a coastal area near the Marine Corps' Camp Schwab, which straddles
Nago and the village of Ginoza, and transfer 8,000 Marines and their 9,000
dependents from Okinawa to Guam by 2014.
The planned allocation of 37 billion yen is part of the $740 million that Japan
agreed to pay for building infrastructure in Guam, according to the sources.
This will be the first time that Japan has included the related expenditures in
its state budget.
Specifically, the government will invest the money in the state-backed Japan
Bank for International Cooperation, and the JBIC will lend the funds to local
electricity and water companies in Guam, the sources said.
The government aims to conclude negotiations with local companies by September
next year when the United States plans to begin construction work, they said.
Concerning the remaining amount of the planned loans, the government is set to
secure it in a budget for fiscal 2012 or beyond while taking into consideration
the progress of the Futenma relocation, the sources said.
Out of the overall costs for the Marines' transfer, Japan will bear some $6.09
billion, including loans, while the United States will shoulder $4.18 billion.
==Kyodo
Japan has decided to allocate 37 billion yen or $420 million in a draft budget
for fiscal 2011 for building utility facilities in Guam in a bid to proceed
smoothly with the planned transfer there of U.S. Marines from Okinawa, several
government sources said Tuesday.
By forging ahead with the transfer, the government is apparently aiming to ease
the burden on people in Okinawa for hosting the bulk of U.S. military
facilities in Japan and win more support for its plan to relocate the U.S.
Marine Corps' Futenma Air Station within the island prefecture.
The Cabinet of Prime Minister Naoto Kan is set to endorse the draft budget for
the year from next April in a meeting Friday.
In May 2006, Japan and the United States agreed on a road map for realignment
of U.S. forces in Japan, featuring plans to relocate the Futenma airfield from
Ginowan to a coastal area near the Marine Corps' Camp Schwab, which straddles
Nago and the village of Ginoza, and transfer 8,000 Marines and their 9,000
dependents from Okinawa to Guam by 2014.
The planned allocation of 37 billion yen is part of the $740 million that Japan
agreed to pay for building infrastructure in Guam, according to the sources.
This will be the first time that Japan has included the related expenditures in
its state budget.
Specifically, the government will invest the money in the state-backed Japan
Bank for International Cooperation, and the JBIC will lend the funds to local
electricity and water companies in Guam, the sources said.
The government aims to conclude negotiations with local companies by September
next year when the United States plans to begin construction work, they said.
Concerning the remaining amount of the planned loans, the government is set to
secure it in a budget for fiscal 2012 or beyond while taking into consideration
the progress of the Futenma relocation, the sources said.
Out of the overall costs for the Marines' transfer, Japan will bear some $6.09
billion, including loans, while the United States will shoulder $4.18 billion.
==Kyodo
