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Foreign firms locked out of Fukushima clean-up

Independent investigators criticise the opaque bidding process for contracts

Safely dismantling the Fukushima nuclear power plant, wrecked by the 2011 earthquake and tsunami, will cost about eight trillion yen (S$98.3 billion), the Ministry of Economy, Trade and Industry said on Dec 9, quadrupling the previous estimate.


CLEANING up the Fukushima nuclear plant - a task predicted to cost 86 times the amount earmarked for decommissioning Japan's first commercial reactor - is the mother of all salvage jobs. Still, foreign firms with decades of experience are seeing little of the spoils.


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