Mitsubishi Heavy Industries (MHVYF.PK +1%) bucks the weakness in Japanese markets after winning...

|About: Mitsubishi Heavy Industries... (MHVYF)|By:, SA News Editor

Mitsubishi Heavy Industries (MHVYF.PK +1%) bucks the weakness in Japanese markets after winning a $22B Turkish nuclear-power-plant contract along with France's Areva (ARVCY.PK). The team will build four Atmea1-type pressurized water reactors with a combined output of 4.5M kilowatts. Construction is to begin in 2017, with the first reactor coming on line by 2023.