Japan to subsidize energy-efficient plants: report
TOKYO |
TOKYO (Reuters) - The government plans to subsidies investment in domestic plants for energy-efficient goods as part of measures to support the country's slowing economy, the Nikkei newspaper said on Friday.
A draft of the government's economic stimulus plan shows the subsidies will target investment in domestic plants manufacturing goods such as lithium battery cells in electric vehicles, the paper said.
Economics Minister Satoshi Arai will submit the draft stimulus plan to Prime Minister Naoto Kan on Friday, it said.
(Reporting by Leika Kihara; Editing by Joseph Radford)
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