GIF Global Infrastructure Fund

GIF Concept
The concept of the Global Infrastructure Fund (GIF) was announced in December 1977 by a study task force led by the late Mr. Masaki Nakajima, who then was president of Mitsubishi Research Institute, Inc. In Tokyo, Japan. The GIF concept is that the development of infrastructure on a global scale should be promoted to realize sustainable development so that all humankind can enjoy a better quality of life in a restored living sphere and a better environment.

Today, we are confronted by a variety of problems: population explosion; food shortage; energy shortages caused by massive consumption of natural resources; the deterioration of global environment such as deforestation, desertification, ozone layer depletion and global warming; and the growing economic gap between the North and South. These problems urgently require practical solutions, which in turn should be based on a well-planned coordination among the members, the global community.

Now that the Cold War has ended, the time has come for both developed and developing countries to undertake an initiative to pool their wisdom, share natural resources, and make still greater contributions toward the development and improvement of the global infrastructure. This initiative, if carried out on a global scale, will be an effective mean to solve problems that transcend national boundaries.

Global Infrastructure Fund (GIF) Research Foundation Japan, established through private initiative, has been undertaking a series of research projects related to the development and improvement of the global infrastructure. The aim is to develop and improve the global infrastructure with the ultimate goals of improving socio-economic conditions of the developing countries, as well as the world as a whole, while at the same time protecting the global environment for future generations.

Having attracted considerable worldwide attention. The GIF concept has been widely accepted and supported by international communities since its announcement in 1977. The concept was first promoted by the GIF support team organized by the late Mr. Toshio Doko, the former Chairman of the Japan Federation of Economic Organizations (KEIDANREN). Subsequently, the efforts to realize the concept in practical terms have been taken up by a group of eminent business persons and intellectuals headed by his successor, Dr.Eishiro Saito, who also was a former Chairman (at present Honorary Chairman) of KEIDANREN.

The first international conference on GIF was held in July 1986 in Anchorage, Alaska. It was at this conference that the Anchorage Declaration was adopted to underpin the realization of the GIF concept. The follow up conferences were held in 1987 in New York and 1988 in Tokyo, and, subsequently, GIF's international secretariat was established in Tokyo.

In January 1989, GIF San Francisco Conference was organized by an association of businesspersons and scholars from the USA and Japan. At this conference, GIF associations in both countries across the Pacific Ocean initiated a step toward eventual international cooperation with European nations and other countries.

The historical turning point marked by the end of the Cold War also signaled the end of this preliminary period during which substantial groundwork for GIF was laid. On September 28, 1990, Global Infrastructure Fund Research Foundation Japan was formally established with the support of the leading Japanese enterprises led by KEIDANREN and was approved by seven ministries of Japanese government.

Following the establishment of GIF, a series of international conferences were organized by GIF, gradually building an international consensus on projects suitable for GIF research actives.

At GIF Tokyo, conference held in March 1991, several projects related to "Water", "Environment", and "Sustainable Development" was discussed. During GIF Atlanta Conference held in October of the same year, the "Environmental Rehabilitation of the Arial Sea Basin", the "Place Water Pipeline in the Middle East", and "Development of the Eastern Himalayan Water Resources" were selected as high-priority development projects. GIF lsttanbul Conference held in May 1992 was the scene for the announcement of the "Black Sea Economic community." At GIF Berlin Conference held in July 1993, the concept of the global-linkage of transportation and communication network of Eurasia was the main theme for discussions. GIF Boston Conference held in November 1994 was the forum for discussions of "Integrated Development Plan for the Orinoco and Meta River Basin: and "South American Riverway System." GIF Tokyo Conference held in November 1995 signified the fifth anniversary of GIF. It summarized research activities over the preceding five years and discussed future stately for the promotion of its global infrastructure program.

Apart from the foregoing international conferences, GIF Japan has been organizing conferences and workshops for individual projects. An international conference on South American Riverway System was held in Bogota, Colombia in August 1996. The conference was organized by the Marino Ospina Perez Foundation of Colombia in collaboration with Massachusetts Institute of Technology, Harvard University and GIF Japan. This conference was followed by a workshop held in Cambridge. USA in December 1997. A series of conferences on the Eastern Himalayan project were organized by GIF in India and Bangladesh in 1993 and in Nepal in 1995. The "Sub-regional Conference on the Eastern Himalayan Water Resources Development" held in Katmandu, Nepal in February 1998 castled a significant momentum toward the project implementation.

Being recognized as a designated non-profit trust by the Japanese government in march 1991, Global infrastructure Fund Research Foundation Japan was registered on he roster so the United Nations Economic and Social Council as an authorized international Non-Governmental Organization (NGO) in 1993.

General

(1) Operations research
Multinational infrastructure projects involve a variety of issues that need to be addressed, such as changes in socio-economic and environmental conditions, political and economic conflicts among the countries involved. In order to analyze those issues scientifically, GIF Japan is carrying out joint research with Operations Research Society of Japan to evaluate socio-economic and environmental impacts of multinational infrastructure projects through integrated utilization of mathematical modeling, simulation and game theory.

(2) International legal aspects
Most of our current research themes are centered on multinational development of water resources, transportation and communications. In view of this multinational nature of our study, we are conducting research on international legal and institutional issues pertaining to the development, sharing and management of international water resources in collaboration with Prof. Oliver Oldman of Harvard University and other leading experts in international law.

(3) Macroeconomic analysis
All of GIF prospective projects are large in size. As such, their implementation will have a significant economic impact on the countries concerned. Therefore, GIF Japan has been studying on economic impact of large-scale projects on individual countries and regions. For example, economic research on the influences of the Middle East "Place Water Pipeline" project was undertaken jointly by GIF Japan and the "World Link" group led by Professor Laurence Klein, Nobel Prize recipient, and Professor Moriguchi of Osaka University.

(4) Project finding
GIF Japan continues to carry out basic research for the purpose of selection and identification of prospective projects suitable for GIF support.

Environment

As human activities become increasingly boarder-less, the environmental degradation has become more global, then in turn is causing to threaten the existence of mankind as a whole. Considerable efforts to make carefully planned active programs with long-term perspectives have to be made to reverse the global environmental degradation. As a start, GIF Japan is undertaking the following three projects.

(1) Environmental rehabilitation of the Arial Sea basin
The Arial Sea is located in central Asia and fed by two rivers, the Amu Dar'ya and Syr Dar'ya rivers along which five republics, Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan and Kyrgyz lie. It was once the world is fourth largest Inland Sea. However, the water level of the Arial Sea has been falling steadily because of the massive amounts of water drawn from the two rivers to support large-scale agricultural projects. As of 1996, the water level had fallen by 16 meters, and 50% of the original surface area of the sea had been lost.

The environmental hazards caused by the shrinking inland sea are, among others, serious damages to the health of inhabitants in the region due to wind-blown salt picked up from the exposed surface of the lake bed pollution of soil caused by excessive irrigation and over-use of agricultural chemicals. In view of the fact that approximately 35 million people live in the Arial Basin region, and the seriousness and magnitude of the environmental hazards, the Arial Sea problem is recognized as one of the largest and most serious environmental catastrophes of this century.

GIF Japan has examined and evaluated the current status of the environment in the Arial Sea region and has organized three international technical meetings, two in Kazakhstan and one in Moscow. Two international symposiums on the Arial Sea problem were organized and sponsored by the United Nations University in Tokyo, Japan in 1992 and in 1993. Following the conferences, GIF attended the summit meetings of the heads of state of the riparian countries as an observer in 1993 and 1994.

The foregoing activities of GIF helped significantly to create a broader international awareness of the environmental problems of the Arial Sea. AS a result, internationally concerted works to carry out remedial measures have started based on the "Arial Program" prepared in cooperation with the World Bank. In Japan, the Ministry of Construction, recognizing the significance of the problem, assigned GIF to conduct pertinent studies, make recommendations as to the measures to rehabilitate the environment of the Arial sea.

Rehabilitating the environment of the Arial Sea requires to formulate a basic water resource management strategy that spells out conservation and management of the limited water resources through appropriate allocation of water among the countries and regions involved. GIF Japan is now working on the realization of a water resource management system in the region. At the same time, GIF had series of discussions on this subject with officials of the riparian countries, international organizations such as the IFAS (International Fund for Arial Sea), and other professionals specialized in water resource management system.

(2) Greening of deserts and regional development
Deserts are expanding alarmingly in recent years, especially in Africa and China. The most common measure to counter desertification is considered to be 'greening' of deserts. However, planting in the desert area alone will not solve regional development in harmony with the environment. Based on this view, GIF Japan is trying to find the best ways to combat desertification by constructing sustainable development models of industries including agriculture and forestry.

At present, a prime candidate for this study is the Yellow River Basin in China. We divided the river basin into three regions. The upper basin (arid region), the middle basin (loess erosion region), and examining measures against desertification in each area to realize environmental rehabilitation of the river basin as a whole. In particular, we are undertaking and experimental project for dries farming in the upper basin, in collaboration with our Chinese counterpart, the State Science and Technology Committee. The project provided useful data and information needed to realize the dry farming in the upper river basin.

(3) Preservation of tropical forests and regional development
GIF Japan sent study missions to the Amazon River in 1992 and to the island of Borneo in Southeast Asia in 1993. Based on the findings of the missions, we selected the island of Borneo as a subject for more intensive study. The research activities include the evaluation of the current conditions of the forest and analysis of the social and historical background of deforestation in the region. The results of these studies have facilitated the identification of issues and problems related to the destruction and preservation of tropical forests.

Natural Resources and Energy

Conservation of natural resources and energy is essential to sustain our human lives and environment. In this context, we are focussing on the issue of "water" and "environment" and are conducting research on the development of renewable resources such as water.

(1) The Eastern Himalayan water Resources Development
The Eastern Himalayan region consists of the river basins of the Ganges, the Brahmaputra and the Megan located in Nepal, India and Bangladesh, and the upper reaches of the three rivers in Bhutan and the Tibetan Autonomous Region of the People's Republic of China. The population in the region is growing alarmingly. At present, approximately 600 million people are living in the region.

The Eastern Himalayan region has a typical monsoon climate, characterized by frequent flooding during the rainy season and droughts during the dry season. Because of this extreme climatic characteristic of the region, it urgently needs to formulate a strategy to preserve the abundant water available during the rainy season and utilize it during the dry season. Sustainable development and management of water resources in the region, such as hydroelectric power production, irrigation water development, and flood control measures, will alleviate poverty and improve the regional socio-economic and natural environment. A number of large-scale infrastructure projects have been proposed to help resolve the water problems of the region. However, none of those projects was implemented due to the lack of consensus among the riparian countries and international financial institutions.

GIF Japan organized and sponsored four conferences on the Eastern Himalayan Water Resources Development; in Delhi in May 1993, in Dhaka in November 1993, in Kathmandu in June 1995 and in February 1998. In addition, a workshop of water resources management and finance was held in Kathmandu in April 1996. The main objective of the conferences and workshops was to build mutual confidence among Bangladesh, India, and Nepal, which are parties to Major water resource development projects of the region.

During this period, the relations among the countries have improved remarkably. As a result, two important treaties were concluded, namely, the Treaty on Integrated Development of the Mahakali River between India and Nepal, and Treaty on Sharing of the Ganges Waters between Bangladesh and India. Those epoch-making treaties undoubtedly created favorable environment for advancing future water resources development in the Ganga-Brahamaputra-Meghna region. Meanwhile, international financial institutions have been laying groundwork for financial arrangement for the three countries.

The fourth Conference on Eastern Himalayan Water Resources Development, held in Kathmandu in 1998, unanimously decided to form task forces in the three countries and to promote three large-scale projects: the Pancheshwar Project in Nepal, the Ganges Barrage in Bangladesh, and the Tipaimukh Project in India.

(2) The "Peace" Water pipeline project in the Middle East
The Middle East, with the exception of a very few countries, is subject to a chronicle shortage of water. The "Peace" water pipeline project is to draw water from rivers in Turkey that have voluminous supplies of water during the rainy season and supply the water by pipeline to eight Middle East countries: Syria, Jordan, Saudi Arabia, Kuwait, Qatar, Bahrain, the U.A.E., and Oman. The concept of this project was originally proposed by the late President Oval of Turkey, and preliminary engineering studies were carried out in 1986.

At present, the project remains staled because of the changed political environment in Turkey and of the failure to reach agreement on sharing water by the receiving countries because of the concerns over their national security. Nonetheless, the political environment is improving as increasingly gas and oil pipelines are installed through the countries in the region. We will continue to monitor the situation in the Middle East and update relevant information in the hope to reactivate this meaningful project in the future.

Transportation

Looking back upon history, transportation infrastructure has been playing an important role in vitalizing regional and inter-regional economy through transportation of people, goods, information, and energy. The old Silk Road is one of the oldest inter-regional transportation infrastructures ever created in the past. We have been studying this old but new subject of global transportation infrastructure as a tool for efficient management of the world.

(1) Eurasian transportation network
GIF has been conducting research on large-transportation infrastructure projects in various part of the world. Among those are thc Kra Canal, the crossing of the Straits for Gibraltar, the Sundae Strait bridge project in Indonesia, the second Panama Canal, the New silk Road Highway, and the Bering Strait rail tunnel project.

Meanwhile, technologies in the area of transpiration advanced significantly and started re-shaping the transportation and distribution systems. Further, it is becoming increasingly important to study the environmental and socio-economic impacts of large-scale transportation infrastructure on the surrounding regions.

Under these circumstances, we have re-evaluated all of the large-scale transportation projects previously proposed, and subsequently, we selected the Eurasian Transportation Network as a priority project. The Eurasia is the largest continent and embraces diverse countries and cultures comprising Europe, Russia, and the central Asian countries that have emerged after the collapse of the former Soviet Union.

The Objectives and the Scope of the study include:

* Construction of a network of transportation infrastructure covering the entire Eurasian continent based on the present cultural, socio-economic and natural environment of the landmass.
* Building Confidence building among the countries within the network, as a priority issue of the region.
* Evaluation of various economic blocs within the region and to identify and solve the problems that are currently hindering the construction of the network.
* Collection of data and carrying out studies on the development of natural resources.
* Carrying out multi-modal analysis on the transportation system to find most suitable combination of transportation modes in the continent.

Broad and long-term perspectives and mutual confidence among the countries involved are crucial to realize an effective transportation system and regional development that are compatible with the existing ecosystem, of the Eurasian countries. We continue to carry out activities leading to the realization of this mega project.

(2) The Mekong River Basin
Since August 1992, GIF Japan has been studying on a regional development plan for the Mekong River Basin. We have been trying to formulate infrastructure scheme best suited to realize the sustainable development of the region. As part of this approach, we organized an international conference on the development of the Mekong River Basin in December 1994 inviting leading officials of the riparian countries of the river basin. The conference discussed how to realize a fair and equitable allocation of water rescues of the river and how to create a framework under which all the countries in the region can share common perceptions for development plan.

A new Mekong River Commission was formally launched in April 1995, reflecting the progress of peace in Cambodia. More recently, "Ministerial Conference on the Development of Mekong River Basin" was organized by ASEAN in June 1996. In addition, a "Ministerial-level Expanded Mekong Region Commission" (comprising six riparian countries) was established with the support of the Asian Development Bank (ADB) in 1992. The most recent meeting of the Commission was held in China in August 1996. The meeting marked a significant transition from the planning stage to the implementation stage.

The essential issues of future will be coordination among the developing countries, and more importantly, the large amounts of funds necessary for the development of the region. We will continue to monitor the situation in close ties with international organizations.

(3) Trans-Asian gas pipeline network
In recent years, the economic development in the Asia-Pacific region has advanced at an accelerated pace. This dynamic transformation in the economic structure of the region will bring about substantial growth in energy consumption. Most of the countries in the region depend on coal and oil for their major energy source. The growing emission of carbon dioxide will bring serious environmental problems such as air pollution, acid rain and global warming. In search for practical solutions to the energy and environmental problems, we are carrying out basic study on the development of natural gas in the region Natural gas generates much lower carbon dioxide and is vastly found in Asia and Siberia. Currently, we are collaborating with the "Northeast Asian Natural Gas Pipeline(NANGP)" for the research on "Trans-Asian gas pipeline net work". The purpose of the network is to develop and utilize the vast reserves of natural gas in Asia at sustainable levels to support future economic growth of the Asia-pacific region.

Habitat

Rapid rates of urbanization, combined with high rates of population growth, particularly in developing countries, have resulted in acute deterioration of urban environment. In view of the imperative needs to improve the quality of living in our human settlements and to sustain our global environment, we are conducting research to construct sustainable development models of human settlements that are environmentally sound.

(1) Water resource development in South America-Development of the Orinoco and Meta River Basin
South America is a continent of immense natural resources. Although the rich water and other natural resources offer various development opportunities, they have not been fully utilized due to the lack of basic infrastructure necessary for such development. We are examining the possibility of creating sustainable human settlements in South America through effective utilization of water and other natural resources.

As a case study, we are conducting research on an integrated development plan for the Orinoco and Meta River Basin. The Orinoco River is one of largest rivers in the world, and flows across Colombia and Venezuela. The river basin is rich in natural resources and has high potential for various regional developments. The objectives of this program are to: 1)Provide logistics to the inland area of the river basin by utilizing the rivers as transportation media, 2) Provide sustainable human settlements in the river basins, and 3) Diversity the economy of the region through comprehensive development of the river basin.

In order to accomplish those objectives, we are taking multi-disciplinary approach through collaborative efforts with internationally acclaimed academics in the relevant countries and the United States of America.

This program has been receiving favorable attention and support from Colombian and Venezuelan governments and the business community. The project was introduced by a Venezuelan representative to the members attending the nine thc Conference of Venezuela-Japan Economic Committee held in 1993. The Government of Colombia sent a special mission to Japan to investigate the progress and future prospect of this program. The Third Conference of Colombia-Japan Economic Committee held in 1997 in Tokyo Japan provided a special session for this program, Geared by the enthusiastic support of the Colombian and Venezuelan governments, the inter-American Development Bank expressed its support for this development plan and suggested to its readiness to provide financing for further study.

(2) South American Riverway System(SARS)
South American Riverway System(SARS) is a system designed to develop a Riverway system as a basic transportation infrastructure for social, economic and political integration of the South American countries. The concept was first introduced by General Rafael Reyes of Colombia at the Second Pan American Conference held in Mexico in December 1901. Although it received great interest and support by several countries in South America, it was never implemented due to the political and economic difficulties prevailing at that time.

(3) Urban issues
Nearly one half of the world population live and work in urban areas and are suffering from serious urban problems such as rising traffic congestion, widening gap between rich and poor, increasing pollution, inadequate shelters, etc. In order to find the ways to overcome those problems, we began our study with a recognition of unsustainable patters of consumption, production, transportation, human settlements and unsustainable population changes, giving priority consideration to lack of basic infrastructure and environmental degradations in urban areas. Special considerations are given to developing countries where the situation is especially grave and to the countries with economies in transition. We, as a non-government organization, are hoping to formulate a comprehensive strategy that will improve socio-economic and environmental conditions of human settlements.

ORGANIZATION

Organization of the Foundation, Research Committees and Sub-committees

(1) Board of Directors and Trustees
GIF Research Foundation Japan is supervised buy the board of directors composed of representative of leading Japanese companies and professionals with thc deliberations and advises provided by trustees selected from among the experienced professionals.

(2) Secretariat
The secretariat of the GIF Research Foundation Japan manages practical business affairs, including the operations of the research committees and sub-committees as well as coordination among domestic and overseas organizations.

(3) Research Committees
There are four research committees that are responsible to administer research activities in the following four fields;

* Environment
* Natural Resources and Energy
* Transportation
* Habitat

(4) Sub-Committees
Under the four research committees, the following sub-committees are currently organized to focus on specific subjects and carry out actual research projects:

* Environmental rehabilitation of the Arial Sea basin
* Greening of deserts and regional development
* Preservation of tropical forests
* Development of the Eastern Himalayan water resources
* "Peace" water pipeline in the Middle East
* Eurasian transportation network
* Development of international river basin
* Development of water resources in South America
* Urban issues

Domestic Cooperative Organizations

GIF Research Foundation Japan is a privately founded organization, and being as such, has been granted the NGO status by the United Nations. It is supported by the following Organizations in Japan:

(1) Governmental Organization
GIF Research Foundation Japan is a non-profit private organization registered and approved by seven major ministries of the Japanese Government. Those ministries are the Ministry of Construction, the Economic Planning Agency, the Ministry of Foreign Affairs, and the Ministry of Agriculture, Forestry and Fisheries, the Ministry of International Trade and Industry and the Ministry of Transportation.

(2) Academic Societies and Universities
To carry out its research activities, GIF Japan stays in close contact with experts and specialists in pertinent academic societies and universities such as the University of Tokyo, Kyoto University, the University of Osaka, Utsunomiya University, and Kinki University. In addition, we regularly conduct joint research with the Operations Research Society of Japan.

(3) Non-Government Organizations
We are maintaining close ties with the Japan Federation of Economic Organization (KEIDANREN) since our foundation in 1990. Moreover, KEIDANREN has established a sub-committee under its "Economic Cooperation Committee" to support the GIF concept.

Overseas cooperative Organizations

GIF Research Foundation Japan, because of its border-less philosophy, has been enjoying broad support from many overseas organizations since the announcement of the GIF concept in 1977. In addition, we are building a worldwide GIF network with GIF North America (established in March 1991) and GIF Europe (established in December 1991) to further promote global infrastructure development.

(1) International Organizations
During its research activities on multinational projects in the various part of the world, GIF Japan works closely with a variety of international organization. GIF Japan currently maintains close collaborative relationships with the United Nations Development Program (UNDP), United Nations Environment Program (UNEP), UNESCO, United Nations conference on Environment and Development (UNCED), Economic and Social Commission for Asia and the Pacific (ESCAP), South Asian Association for Regional Cooperation (SAARC), United National University (UNU), the International Bank for Reconstruction and Development (IBRD), Inter-American Development Bank (IDB), European Bank for Reconstruction and Development (EBRD), Association of south East Asian Nations (ASEAN), the Asian Development Bank (ADB) and the Mekong River Commission.

(2) Governmental Organizations
Since GIF projects involve large-scale infrastructure covering two or more countries, governmental and inter-governmental support are essential to promote the project implementation. We are maintaining close cooperative relationships with the governments of countries involved in our research activities. Especially, we recently are having frequent dialogs with the governments of the five republics in Central Asia (Kazakhstan, Uzbekistan, Turkmenistan and Kyrgyz Republic), Russia, Turkey, Brazil, Colombia, Venezuela, China, India, Bangladesh and Nepal.

(3) Academic Societies an Universities
In addition to participating in international conferences and symposia, GIF Japan conducts joint research and exchanges of information with the following organizations in order to enhance its ties with educational and research institutions. Among those are: Alaska-Pacific University, the University of Arizona, West Michigan University, the University of California, the Stockholm Environment Institute-Boston Center, the University of Texas, Harvard University, the University of Pennsylvania, Massachusetts institute of Technology, the University of Toronto, Ecole National des Pones Chaises and Russian Academy of Sciences.

(4) International Non-Government Organizations
Many private organization in overseas have taken great interest in the GIF concept. At present, we have contacts with DEIK (the Foreign Economic Relations Board of Turkey), the Kra Canal Construction Research Foundation (Thailand), the Sustainable Development Foundation (Brazil), the Insatiate for Integrated Development Studies(IIDS; Nepal), Bangladesh Union Parishad (BUP;Bangladesh), the Center for Policy Research(CPR; India), the Marino Ospina Perez Foundation (Colombia) and the world Future Society.

Global Infrastructure Fund Research Foundation Japan
Offers
Chairman:
Saito, Eishiro Honorary Chairman, KEIDANREN (Japan Federation of Economic Organizations)
President:
Saab, Soichi Adviser, Honorary member, KEIDANREN (Japan Federation of Economic Organizations)
Executive Vice President
Seki, Hareo Councillor, Foundation for Asian Management Development.
Managing Director
Yamamoto, Norio Councillor, Mitsubishi Research Institute, Inc.
Directors:
Eto, Shinkichi Chancellor, Toyo-Eiwa Educational Intitute.
Fujita, Kimio President, Japan International Cooperation Agency.
Goto, Yasuo Honorary Chairman, The yasuda Fire and Marine Insurance Co., Ltd.
Hashimoto, Toru Chairman, The Fuji Bank, Ltd.
Hiraiwa, Gaishi Honorary Chairman, KEIDANREN (Japan Federation of Economic Organizations)
Hirashima, Osamu President, Trisei corporation
Inamura, Kazuhiro President, Mitsui Construction Co.,Ltd.
Ishikawa, Rokuro Honorary Chairman, Kajima Corporation
Kanayama, Yoshiharu President, Nishimatsu Construciton Co.,Ltd.
Kawai, Ryoichi Counsellor, Komatsu Ltd.
Kishi, Satoru President, The Bank of Tokyo-Misubishi, Ltd.
Konage, Keiichi President, Arabian Oil Co.,Ltd
Kumagai, Taichiro Chairman, Kumagai Gumi Co.,Ltd.
Makihara, Minoru Chairman, Mitsubishi Corporation.
Mizuno, Repmpe President Penta-Ocean Construction Co., Ltd.
Mukasa, shinji President, Obayashi Corporation
Nara, Hisaya Chairman, Mitsubishi Research Institute, Inc.
Nashio, Akira Counsellor, Nissho wai Corporation
Nomura, Tetsuya President, Shimizu Corporation.
Okawara, Yoshio President, Institute for International Policy Studies
Onouchi, Yukio Chief President, Highway Industry Development
Organiztion.
Sato, Fumio Counsellor, Toshiba Corporation
Shinozawa, Kyosuke President, Chairman of the Board, The oveseas Economic Cooperation Fund
Takagl, Jotaro Counsellor, Mitsubishi Eastate Co.,Ltd.
Toyota, shoichiro Honorary Chairman, KEIDANREN (Japan Federation of Economic Organizations)
Tsuji, Toru President, Marubeni Corporation
Yahiro, Toskikuni Special Advisor, Mitsui & Co., Ltd.
Yamato, Fumiya President, Hazama Corporation
Yasuda, Hiroshi President, The Export-Import Bank of Japan
Auditors:
Inoue, Minoru Advisor, The Bank of Tokyo-mitsubishi., Ltd.
Nakamura, Kazuo Senior Standing Auditor, Mitsubishi Estate Co.,Ltd.
Trustees
Asakura, Kokichi Honorary Professor, Seikei University
Fukukawa,Shinji Chief Executive Officer, Dentsu Institiute for Human
Studies.
Hosomi, Takashi Chairman and President, NLI Research institute
Ikuta, Toyoaki Advisor, The Institute of Energy Economics, Japan
Ishii, Takemochi Honorary Professor, Tokyo University.
Kawai, Saber Chairman, International Development Center of Japan
Miyawaki, Akira Director, the JISE Research institute, Japanese Center
for international Studies in Ecology.
Miyazaki, Isamu Special Advisor, Daiwa Institute, Japanese Center for
International Studies in Ecology
Miyoshi, Masaya Senior Counsellor, KEIDANREN (Japan Federation of
Economic Organizations)
Nakajima Haruo President, Messe Dusseldort(Japan), Ltd.
Nishino, Fumio Professor, National Graduate Institute for policy Studies.
Waterabe, Koi Executive Advisor, KEIDANREN (Japan Federation of Economic Organizations)
Outline of GIF
Global infrastructure Fund Research Foundation Japan
Sengokuyama Annex, 5-3-20, Toranomon, Minato-ku, Tokyo
105-0001, Japan Tel: 81-3-3432-4451 Fax 81-3-3432-4541
Established:
September 28, 1990
Supervising authorities:
Ministry of Construction; Economic Planning Agency;
Ministry of Foreign Affairs Ministry of Finance; Ministry
of Agriculture, Forestry and Fisheries; Ministry of
international Trade and Industry; Ministry of Transport.
Projected assets:
Yen 3,000 million