In order to tackle this problem, the PFI (private finance initiatives) Law was promulgated in 1999, and an action plan for the drastic reform initiatives of PFI/PPP (public private partnerships) was launched in 2013. By making use of PFI/PPP, safer, convenient, and resilient social infrastructure will be developed efficiently.
Loans to emerging countries by Japanese banks Asian countries face issues similar to Japan’s, i.e., how to increase PPP from the economic efficiency perspective in addition to effective utilization of financing from foreign countries.