Quote:
A Japan-led public-private consortium is set to abandon a Turkish nuclear power project due to soaring costs, Japanese business daily Nikkei reported on Dec. 4.
The delayed project’s construction costs have ballooned to around 5 trillion yen ($44 billion), nearly double the original estimate, making it difficult for lead builder Mitsubishi Heavy Industries and its partners to continue with the plans, it said.
LINK TO FULL ARTICLE:
http://www.hurriyetdailynews.com/japanese-mitsubishi-to-scrap-turkey-nuclear-project-report-139421