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Sinking under debt, Kansai airport privatisation presents big test for Abe
Published Sun, Mar 15, 2015 · 09:50 PM
Tokyo
AFTER building an artificial island off Osaka to host a gleaming new airport in 1994, officials discovered it was sinking into the sea.
More than 20 years later, the high-stakes deal to privatise Kansai International Airport could be at risk of a similar fate - an embarrassing setback in Prime Minister Shinzo Abe's drive to attract investments and cut its massive debt.
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