It was glad to see that some Australian investors are showing interests to bid for one of the largest infrastructure assets in Japan.
According to the Australian Financial Review today, Melbourne Airport's owners, IFM and AMP Capital, are among a long list of global infrastructure investors including Macquarie Capital bidding in Japan for the long-term lease on Osaka's main airport.
The sale of the right to operate Kansai International Airport, which was built on an artificial island in Osaka Bay in the 1990s, for as much as $US18 billion ($23.6 billion) is seen as a test case for plans by the Abe government to privatise large infrastructure assets in Japan.
Kansai International Airport's most recent traffic statistics show it had 19.35 million domestic and international passengers last year, up 9 per cent on 2013.
The Abe government's desire to privatise assets is aimed at raising funds to pay down Japan's high public debt.
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