Common Contracts

1 similar null contracts

THE AICHI CANAL PROJECT
October 4th, 2010
  • Filed
    October 4th, 2010

A subsistence farmer who had suffered from chronicle water shortage wrote a proposal of the Aichi Canal Project, Japan’s first multipurpose development project to provide irrigation, urban water, and hydroelectric power. Based on the proposal, the Government conducted feasibility studies and sought the World Bank lending. The Government also established the Aichi Canal Public Corporation (current Japan Water Agency) to construct and operate the Project and authorized it to borrow money from the Bank with Government guarantee. Employing a foreign consulting company and engaging an irrigation engineer, Professor A.A. Bishop of Utah, the Corporation completed detailed engineering studies and construction on schedule. Farmers, on the other hand, organized themselves into the Aichi Canal Land Improvement District, the statutory cooperative for investment, operations and maintenance of irrigation canals. When the Project completed, however, the irrigation area had decreased due to rapid urba

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