Japan will propose about JPY100bn (≈$628m) in the FY2027 budget to help domestic
firms buy submarine cable‑laying vessels, the Ministry of Internal Affairs and
Communications plans to include in a budget request scheduled for end‑August.
The ministry would cover roughly half of procurement costs; each ship could cost
more than JPY40bn. The proposal targets purchase of 3–5 vessels in FY2027,
citing rising procurement costs driven by yen weakness and higher raw‑material
prices. It would be Japan’s first direct government support for hull purchases
and is aimed at encouraging private‑sector investment.