U.S. housing contractors may profit from Japan disaster

The Japanese government announced that in order to build enough temp homes, fast enough, they will have to use foreign contractors.

The temporary homes are needed for survivors of the March 11 disasters, and people who have, and others who still might have to, evacuate from radiation danger zones.

The Land and Infrastructure Ministry said foreign contractors must meet certain conditions. They must have the capacity to build more than 100 units in 2 months, and they must meet Japanese electrical codes. On top of that they must form joint partnerships with Japanese contractors.

Local governments will be taking bids.