Strengthen Zero-Emission Vessel Supply: FY2025 Supplementary Budget Call 2

Overview

The Ministry of Land, Infrastructure, Transport and Tourism, in cooperation with the Ministry of the Environment, will launch the second call for applications under the Zero-Emission Vessel Construction Promotion Project to establish a domestic supply system for zero-emission vessels and other ships powered by hydrogen, ammonia, or electricity (batteries). The project will support the development of production and outfitting facilities for related marine equipment and promote market adoption to reduce CO2 emissions, strengthen industrial competitiveness, and drive economic growth.

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Key points

  • The Ministry of Land, Infrastructure, Transport and Tourism, in cooperation with the Ministry of the Environment, will launch the second call for applications under the Zero-Emission Vessel Construction Promotion Project.
  • The project aims to establish a domestic supply system for zero-emission vessels and other ships ahead of the rest of the world.
  • It will support the development of production facilities for related marine equipment and outfitting platforms.
  • The subsidy rate is up to 1/3 for large enterprises and up to 1/2 for small and medium-sized enterprises and others.

Overview

This is the second call for applications under the Zero-Emission Vessel Construction Promotion Project, based on the FY2025 supplementary budget. Under its cooperation with the Ministry of the Environment, the Ministry of Land, Infrastructure, Transport and Tourism will support projects that develop the production facilities and other equipment necessary for constructing zero-emission vessels and other ships.

The framework targets ships and other vessels that use hydrogen, ammonia, or electricity (batteries) as propulsion energy sources and promotes the establishment of a domestic supply system and market adoption.

Impact

The project seeks to reduce CO2 emissions by promoting market adoption, strengthen industrial competitiveness, and drive economic growth.

It will establish a domestic supply system for zero-emission vessels and other ships ahead of the rest of the world.

Details

Eligible subsidy recipients are private companies and other entities that meet the conditions specified in the call for applications and related guidelines. Eligible projects involve developing production facilities for related marine equipment, as well as facilities and other equipment for installing related marine equipment on ships through outfitting.

Applicants must review the call for applications and related guidelines posted by the Zero-Emission Vessel Construction Promotion Project Office, complete the required information in the application forms, and submit them together with the necessary documents. The project office handles inquiries, and contact by email is recommended.

The project office accepts telephone inquiries from 09:00 to 12:00 and from 13:00 to 16:30 on weekdays, excluding Saturdays, Sundays, and public holidays.

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