Issue No.65 (September 2011)

Greater Nagoya Means Greater Business Opportunities

1. GNI Event: GNI Singapore Clean Energy Mission
2. News: Subsidy Program for Projects Promoting Asian Site Location in Japan
3. Event: Messe Nagoya 2011
4. Investment: Mag-Isover Concludes $ 200 million Investment for New Factory

1. GNI Event: GNI Singapore Clean Energy Mission

The Greater Nagoya Initiative will send a mission to Singapore and participate in an exhibition; Clean Energy Expo Asia 2011 taking place at the Suntec Singapore Convention Centre (Nov. 1–3).

With a part of the activities, Greater Nagoya Initiative plans to participate in the Clean Energy Expo Asia 2011 taking place at the Suntec Singapore Convention Centre (Nov. 1–3) with local companies who have advanced technologies and interested in entering into business exchange with Singapore in the clean energy field.

Local companies are:
   [Company]: Growing Japan Co., Ltd,.
   [Product]: New Energy Fuel; alternative boiler fuel, which is made by mixing heavy oil or kerosene with used vegetable oil.
   [Company] Eco Technology Co., Ltd,
   [Product]: TORNADO wind generation
   [Company] Jissen Kankyo Kenkyusho Co.,Ltd
   [Product]: Superheating Steam System (SSS) that can produce the Bio Diesel Fuel (BDF) directly without utilizing the conventional Fatty Acid Methyl Esters (FAME) method. etc.
   If you request for the business matching with those companies at the Clean Energy Expo Asia, please contact us for the arrangement.

Greater Nagoya Initiative conducts activities in cooperate with Chubu Bureau of Economy, Trade and Industry, Aich, Gifu, Mie prefecture, and municipalities within the region, and related economic organizations. The objective of this join organization is to support global business alliance between overseas and Japanese companies and to support foreign direct investment.

[Clean Energy Expo Asia 2011]:
   Place: Suntech Exhibition Hall 401, Singapore
   Exhibition Details: Event @ A Glance

2. News:Subsidy Program for Projects Promoting Asian Site Location in Japan

Subsidy Program for Projects Promoting Asian Site Location in Japan is released. Guidelines for the program, including an application form, were released by the Ministry of Economy, Trade, and Industry (METI) and the Japan External Trade Organization (JETRO).

This program offers incentives to international companies that establish their regional headquarters or R&D site in Japan.

[Eligible Companies]:
   Private enterprises that meet all of the below criteria:
   1. Must have corporate status in Japan
   2. Must belong to a corporate body consisting of group companies that are running
an actual business in 2 or more countries

[Rate of Subsidy]:
   1. Subsidy rate: up to one-half for SMEs*; up to one-third for non-SMEs
   2. Limit: 1 billion yen

[Period of Public Offering]:
   Aug. 23. (Tue) – Oct. 31. (Mon) (No later than 12:00 p.m. Japan time)

[Program Overview]:

3. Event: GNI Booths at Messe Nagoya 2011

The international trade fair, “Messe Nagoya 2011” will take place at Port Messe Nagoya from November 9th (Wed) – 12th (Sat). “Messe Nagoya is a cross-industrial trade fair that promotes business-to-business exchanges for local small and medium sized enterprises in the Greater Nagoya region. Greater Nagoya Initiative will staff three booths to enhance the business matching between non-Japanese companies who established their business in the region and local companies.

   Date: November 9th (Wed) – 12th (Sat) 2011
   Venue: Port Messe Nagoya : 2-2 Kinjyo-futo,Minato-ku,455-0848
   Organizer: Messe Nagoya Executive Committee 
   (Aichi Prefectural Government, City of Nagoya, and Nagoya Chamber of Commerce & Industry)

[Exhibition Size]:
   350 companies and organizations, 700 booths (provisional)

[Related project]:
   Alliance Partners Matchmaking Event (Pre-arranged business negotiations)
   According to their official website, as a record from 2010, 509 companies used this opportunity and totally 807 business talks were held at this event.

[Official website]: (French, Chinese, Korean languages are available.)

4.Investment: Mag-Isover Concludes US$ 200 milIilon investment for New Factory

Mag-Isover, K.K., the Japanese arm of leading French giant Saint-Gobain, headquartered in Tokyo has formally announced plans to build a new glass and insulation materials production facility in Tsu city located in Greater Nagoya. The total investment amounts to JPY 15 billion (Approx. US$ 200 million )

The formal proceedings for the site location agreement were conducted at the Mie prefectural government by Mag-Isover president/representative director François-Xavier Lienhart, Governor Suzuki, and other relevant officials.

Information is taken by the website: Invest in Mie:

***************<What’s New on GNI Website> ***************************************************
News & Events
   Report: Scuderi Group Expands Operations to Asia
   GNI Business Start-up Program 2011FY:

<Editor’s Note>
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[Issued by] Greater Nagoya Initiative Center (GNIC)
[Address] Greater Nagoya Initiative Center (GNIC)
Nagoya Center Bldg., Annex 8th Floor,
2-22-2 Nishiki, Naka-ku, Nagoya,
Aichi, Japan 460-0003
[Publisher ] Kiyono WATANABE / Assistant Manager
[TEL] +81-52-223-7340
[FAX] +81-52-223-7341