Isles positioned to profit from Japan's stimulus

Experts see measures to aid in recovery filtering down to boost local tourism

By Allison Schaefers

POSTED: 01:30 a.m. HST, Mar 23, 2013

~~<p>Hawaii will benefit from Japan's pledge to earmark more than $395 billion for reconstruction, crisis management and economic revitalization, its top priority two years after the Great East Japan Earthquake.</p>
<p>The Japanese government plans to spend $106 billion to fund job creation and reconstruction efforts, enhance innovation, strengthen domestic demand and create global opportunities. It has increased its budget to approximately $266 billion from $202 billion to accelerate the reconstruction of disaster- affected areas and create a newly revitalized Tohoku Region. In an effort to ensure readiness for any future crises or disasters, Japan also plans to invest $23.4 billion to strengthen infrastructure and restore public facilities, such as schools, highways and bridges.</p>
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Hawaii will benefit from Japan's pledge to earmark more than $395 billion for reconstruction, crisis management and economic revitalization, its top priority two years after the Great East Japan Earthquake.

The Japanese government plans to spend $106 billion to fund job creation and reconstruction efforts, enhance innovation, strengthen domestic demand and create global opportunities. It has increased its budget to approximately $266 billion from $202 billion to accelerate the reconstruction of disaster- affected areas and create a newly revitalized Tohoku Region. In an effort to ensure readiness for any future crises or disasters, Japan also plans to invest $23.4 billion to strengthen infrastructure and restore public facilities, such as schools, highways and bridges. Login for more...