深潮TechFlow|8月 24, 2026 22:10
[Japan Plans $630 Million Subsidy for Submarine Cable-Laying Vessel Procurement]
According to Deep Tide TechFlow, on August 25, citing Jin10 Data, Japan's Ministry of Internal Affairs and Communications plans to include approximately 100 billion yen (approximately $628 million) in its fiscal year 2027 budget request to subsidize domestic companies in procuring submarine cable-laying vessels. Due to the depreciation of the yen and rising raw material costs, the procurement cost of a single vessel has exceeded 40 billion yen, with the Japanese government set to cover about half of the procurement expenses this time. This marks Japan's first direct support for the procurement of such vessels. The Ministry of Internal Affairs and Communications plans to fund the acquisition of 3 to 5 vessels in the fiscal year 2027, aiming to reduce corporate investment risks through financial subsidies and further encourage private sector participation in the construction of submarine communication infrastructure.
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