The March 11, 2011 undersea megathrust earthquake off the coast of Japan was one of the five most powerful earthquakes in the world since modern record keeping began in 1900.The earthquake triggered powerful tsunami waves that reached heights of up to 40.5 meters (133 ft) and which travelled up to 10 km (6 mi) inland. The tsunami caused a number of nuclear accidents, primarily the ongoing meltdowns at three reactors in the Fukushima Daiichi Nuclear Power Plant complex.
The Japanese company heading the rehabilitation efforts has sent a delegation to confer with Israeli experts and look for local entrepreneurs willing to take on the daunting task.
Israeli companies that become part of the project will receive tax breaks to the amount of NIS 50 million (approximately $12.8 million).
Politics and cultural differences previously stood in the way of Israel developing closer relations with Japan. Japan imports 90 percent of its oil from Arab countries hostile to Israel. Also, Japanese culture, conservative, polite and centered on the value of tradition, is in many ways an opposite of the Israeli start-up, pioneer ethos. Independent, tenacious Israeli entrepreneurs generally prefer uncensored opinions and minimal ceremony.
Source: YNetNews
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