Japanese prefer Chennai to B'lore

Japan businessmen prefer Chennai and Ahmedabad over Bangalore for investment. Lack of good roads and non-availability of land are the two major reasons for the Japanese to look for better destinations.

These were the words of Kazumasa Kuboki, senior advisor, Japan External Trade Organisation, Bangalore, in his address at GIM II.

In an interaction with Deccan Herald at the venue, he said Bangalore was a ‘land locked’ city unlike Chennai and Mumbai, which have ports.

“In Bangalore, all major roads are narrow. The roads are not being widened. One solution is to go for peripheral roads, along with townships, so that roads within the city can be decongested,” he said.

Asked what were the problems faced by Japanese investors who would like to do business in Karnataka, Kuboki said projects did not see progress because of the unavailability of land.

“The government is facing a major problem in acquiring land for industrial purposes. Even the single window agency is not much of a help because land allotment, registration, applications for various clearances have to be secured after dealing with the single window agency.

Many of our investors prefer to go to Chennai, Ahmedabad or Mumbai. Yet, Japan has made investments in Karnataka. Toyota Kirloskar in Bidadi is planning to expand its manufacturing capacity,” he said.

To a query whether the political turmoil was also making investors wary of coming to Karnataka, Kuboki said, “Political climate is not a deterring factor”.

Earlier, at the session organised by representatives of Japanese firms, Hisashi Hosokawa, CEO of Green Arm Company Limited, told Deccan Herald that his firm had come forward to use the Japanese patented technology of HIR (Hot In Place Recycling) for rehabilitation, maintenance and extension of Bangalore’s Outer Ring Road.

The advantage of the system is that the carpeted road can take the traffic load within a few hours of the completion of work. There is no need to close the road for repair works.
“There are huge opportunities for this technology in Bangalore as you plan to expand and speed up repair work,” Hosokawa said.

HIR uses combined jet hot-air, heated to about 600 degrees Celsius in the diesel-fueled combustion chamber, which is milled, mixed with new asphalt mixture and recycled 100 per cent. “We will speak to the State government on the feasibility of using the technology for roads in Bangalore,” he said.

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