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JGC announced the adoption of "New Horizon 2015," a new medium-term management plan covering the five-year period from fiscal 2011 to 2015. To meet a wide variety of client needs, JGC Group intends to push the boundaries of its existing businesses into new territory and over new horizons, transforming itself into a "Program Management Contractor & Investment Partner," as a new business paradigm. Rapid population growth, industrial diversification and urbanization are having a significant effect on the global market environment, especially in emerging countries. Demand not only for oil and gas, but also for social infrastructures such as water, power and transport systems, can be expected to increase significantly in the near future. In line with such changes in the market environment, JGC Group believes that the best way to ensure its future growth will be to significantly expand the scope of its existing businesses, becoming a "Program Management Contractor & Investment Partner," as an entirely new corporate vision. JGC Group plans to broaden the scope of its business by assisting clients with business planning and implementation to help them achieve their business strategies, and sometimes joining projects as a business partner. JGC will also provide facility planning and management services, as well as plant and equipment EPC services. Firmly focused on ten years in the future, "New Horizon 2015" will be a crucial milestone in the expansion of JGC Group's business. As such, JGC Group will be making a concerted effort to achieve the targets set out within the plan. |
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