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Top What's up around the Prime Minister April, 2003
What's up around the Prime Minister

The Fifth Meeting of the Strategic Headquarters for Industrial Revival and Employment Measures


Thursday, April 10, 2003


The Fifth Meeting of the Strategic Headquarters for Industrial Revival and Employment Measures

The Fifth Meeting of the Strategic Headquarters for Industrial Revival and Employment Measures was held at the Prime Minister's Official Residence.

At the meeting, based on the establishment of the Industrial Revitalization Corporation Act and the Revised Industrial Revitalization Law on April 2, opinions and information were exchanged regarding the business procedures now to be conducted on the basis of these laws.

The Industrial Revitalization Corporation is scheduled to be inaugurated as soon as April 16, and launch its services on May 8.

At the end of the meeting, Prime Minister Junichiro Koizumi said, "I would like relevant ministers to make concerted efforts with coalition to accelerate the disposal of non-performing loans of financial institutions and advance industrial revival in order to achieve the impressive results in the revival of businesses and industries in visible ways and to create employment for 5.3 million people."