29 May 2012

Japan's Nissan eyes up PNG market

10:29 am on 29 May 2012

Japan's multi-billion dollar motor company Nissan, is eyeing a market in Papua New Guinea with a newly built Zero Emission vehicle.

The company Nissan Corporation is embarking on a new era, since the first product was released in 2008 to coincide with the Hokkaido Toyako G8 Summit.

Nissan Corporation's General Manager, Masako Fujita told the Post-Courier the company was now eyeing market in PNG with its zero emission product especially with the lucrative LNG project underway.

Mr Fujita says it hopes to get the product to PNG's market by 2014 but will need an input and agreement from the PNG Government and its leaders.

He says Nissan is building its new product at their Yokohama headquarters.

The vehicle, now out in the market in Europe, Japan, United States of America and other parts of Asia works on solar energy, with the aim of promoting renewable energy, reducing carbon dioxide utilising solar energy.