Measures to Tackle Restoration after the Kumamoto Earthquakes
- Financing
- Investing
- Kyushu
After the completion of restoration, reconstruction, and recovery of Kumamoto, which was devastated by earthquakes in 2016, DBJ, in cooperation with financial institutions that have wide networks and customer bases in the disaster-stricken area, including Higin Capital Co., Ltd., the Higo Bank, Ltd., and Kagoshima Bank, Ltd., provided detailed support to business operators that will contribute to the local economy going forward, taking into account the degree of damage incurred and the needs of the respective business operators.
(1) Organization & systems
DBJ set up the Kumamoto Earthquake Reconstruction Support Office in 2016 at its Kyushu Branch to facilitate the speedy provision of aid for restoration. The head office and branches worked together while supplying information related to restoration after the quakes and cooperating with other related institutions.
(2) Financing
The Kyushu Branch is providing financial support to companies that have businesses that contribute to the restoration and reconstruction of the area. Support is being provided through investment and financing as a part of Crisis Response Operations, the creation of the Kumamoto Reconstruction Support Fund, and the supply of risk money.
(Purpose for Establishing the Kumamoto Reconstruction Support Fund)
| Name | Kumamoto Reconstruction Support Fund Limited Partnership |
|---|---|
| Date of establishment(planned) | July 25, 2016 |
| Total fund amount | ¥10 billion |
| Fund period | Investment period: 3 years; Duration: 10 years (Extension is possible for an investment period of 2 years or less and duration of 5 years or less.) |
| Unlimited liability partner | DBJ regional investment Higo Bank capital |
| Limited liability partner | Development Bank of Japan Inc. Higo Bank, Ltd., Kagoshima Bank, Ltd., |
Scheme
(3) Knowledge
DBJ is actively undertaking the dissemination of information, including through the publication of reports such as the two listed below.
- "'Triple Volunteer' and 'Fascinating Restoration': Restoration of tourism in Kyushu after the Kumamoto earthquakes(PDF: 611KB)"
- "Aiming to Strengthen the Disaster Resilience of Companies and the Region: Fact-finding survey of disaster prevention and business continuity during the Kumamoto earthquakes(PDF: 514KB)"
DBJ is actively undertaking the dissemination of information, including through the publication of reports such as "'Triple Volunteer' and 'Fascinating Restoration': Restoration of tourism in Kyushu after the Kumamoto earthquakes" and "Aiming to Strengthen the Disaster Resilience of Companies and the Region: Fact-finding survey of disaster prevention and business continuity during the Kumamoto earthquakes"