{"id":4633,"date":"2023-08-08T13:00:11","date_gmt":"2023-08-08T04:00:11","guid":{"rendered":"https:\/\/wp.standage.co.jp\/?p=4633"},"modified":"2026-02-06T15:36:28","modified_gmt":"2026-02-06T06:36:28","slug":"20230808_1","status":"publish","type":"post","link":"https:\/\/wp.standage.co.jp\/us\/2023\/08\/08\/20230808_1\/","title":{"rendered":"Standage, together with IKEE Co., Ltd., was selected for the Ministry of Economy, Trade and Industry's FS subsidy for local social issues to carry out a road maintenance and repair survey project in West Africa."},"content":{"rendered":"

Providing road maintenance and repair materials to improve infrastructure and accelerate economic development in Ghana and Nigeria<\/strong><\/span><\/p>\n

 <\/p>\n

STANDAGE Co., Ltd. (Minato-ku, Tokyo, CEO: Akinori Adachi, hereinafter referred to as Standage), which develops and provides digital trade platforms, and IKEE Co., Ltd. (Matsuyama City, Ehime Prefecture, CEO: Shu Nishiyama, hereinafter referred to as IKEE), whose main business is road paving and which also engages in asphalt mixture manufacturing, building material sales, and technical testing, have been selected by the Ministry of Economy, Trade and Industry (METI) to undertake the "Project to investigate the feasibility of timely road maintenance and repair in West Africa (Ghana, Nigeria) and the manufacture of road maintenance and repair materials [Excel Patch]" (hereinafter referred to as this project). In this project, Standage and IKEE will be responsible for research and technology provision for maintenance and repair, product manufacturing, and subsequent market expansion for road infrastructure, which is seen as an issue in the West African region, which is expected to grow in the future, and the Ministry of Economy, Trade and Industry will provide funds for these services.<\/p>\n

 <\/p>\n

Background<\/strong>
\nAs indicated in the West Africa Growth Ring Master Plan (MP), road infrastructure in West Africa is expected to continue to grow. However, existing and newly constructed roads will continue to deteriorate, and as the number of paved roads increases, the importance of maintenance and repair will also increase.<\/p>\n

According to the "Development Cooperation Policy," Ghana is actively working on infrastructure development, such as developing ports and expanding trunk roads, with the goal of becoming a transportation hub in the West African region. Nigeria has one of the largest economies and populations in Africa, and will play an important role in the eastern end of the MP.<\/p>\n

However, the current situation is that maintenance and repair of existing roads is not keeping up, and although on-site repair methods are inexpensive, they have issues such as restrictions on the distance from asphalt plants. From a medium- to long-term perspective, it is necessary to transition to formal repair materials, and simple and inexpensive repair products are required.<\/p>\n

 <\/p>\n

\u25a0Strengths of Standage and IKEA - Track record in the African region<\/strong>
\nIKEA's all-weather pavement repair material, "Excel Patch," was trialed in the "JICA Road Bridge Maintenance Capacity Building Project" currently being implemented in Ghana, and the product has received high praise.
\nStandage also supports domestic small and medium-sized enterprises in entering trade, including developing sales channels, and has expanded to four bases in the African region, which it has refocused on. In the past, it has been selected as a contractor for the Ministry of Foreign Affairs' "Preliminary Survey on Grant Aid Cooperation."<\/p>\n

In this project, IKEE will take the lead in conducting research into road maintenance and repair technologies and product manufacturing, etc., and will then utilize Standage's trade platform, local subsidiaries, local bases, etc. for subsequent market expansion and trade development.<\/p>\n

Standage, which has a local base and local personnel in Africa and is familiar with the situation, and IKEE, which has a track record of supplying road repair materials in the African region, will work together on this project to contribute to the improvement of road infrastructure in West Africa and further economic development.<\/p>\n

 <\/p>\n

\u25a0About Aikame<\/strong>
\nEstablished in April 1957, the company is active in the construction industry, especially the paving industry, in Ehime Prefecture. Since then, it has established and handed over various companies, and currently owns 12 group companies. It has actively promoted overseas business from the beginning, and has a long track record of overseas work, including runway skid resistance surveys for NASA and others. Starting with 2015, it established a local subsidiary in Cambodia as part of its overseas expansion. It is targeting West Africa as its next expansion destination after Central Asia. With the management philosophy of "Never give up, never be arrogant," and as a "local doctor for infrastructure," it aims for the continuous development of the local area and its company.
\nEstablished April 1957
\nRepresentative Representative Director Shu Nishiyama
\nCapital: 45 million yen
\nURL: https:\/\/ikee.jp\/<\/p>\n

 <\/p>\n

\u25a0About Standage<\/strong>
\nEstablished in March 2017. Opened an office in Nigeria in December of the same year, and established local subsidiaries in Kenya, South Africa, and Egypt in 2021. Provides "Digitrad," a comprehensive digital trade service that can complete all trade operations, from matching trade sellers and buyers to payment, financing, and cargo delivery. For payments with emerging countries, it has developed a safe, inexpensive, and fast payment system using blockchain and crypto assets. By combining trading company functions with tech, it aims to create a society in which domestic small and medium-sized enterprises are seamlessly connected to the rest of the world.
\n\u25c7\u201cDigiTrad\u201d service official website: https:\/\/standage.co.jp\/digitrad
\nEstablished: March 2017
\nRepresentative: President and CEO Akinori Adachi
\nCapital: 608,568,500 yen (including capital reserve of 302,782,500 yen)
\nURL: https:\/\/standage.co.jp\/<\/p>","protected":false},"excerpt":{"rendered":"

STANDAGE Co., Ltd. (Minato-ku, Tokyo; President and CEO: Akinori Adachi; hereinafter referred to as STANDAGE), a company that develops and provides digital trade platforms, is accelerating infrastructure improvement and economic development by providing road maintenance and repair materials to Ghana and Nigeria\u2026 Continue reading Standage, together with IKEE Co., Ltd., was selected for the Ministry of Economy, Trade and Industry's FS subsidy for local social issues to carry out a road maintenance and repair survey project in West Africa.<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":4301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[46],"tags":[],"acf":{"en_news":{"custom_css":"","en_title":"Standage, together with Ikee Corporation, was selected by the Ministry of Economy, Trade and Industry (METI) for a FS grant to address local social issues, and implemented a West Africa road maintenance and repair survey project.","content":"Accelerating Infrastructure Improvement and Economic Development by Providing Road Maintenance and Repair Materials to Ghana and Nigeria\r\n\r\nSTANDAGE Corporation, a developer and provider of digital trade platforms, and Ikee Corporation, which is mainly engaged in road paving, asphalt composite manufacturing, construction material sales, and technical test services, are working together to improve infrastructure in Africa. STANDAGE has been selected by the Ministry of Economy, Trade and Industry (METI) as a recipient of a FY2022 FS grant for a feasibility study on the timeliness of road maintenance and repair in Ghana and Nigeria, and the production of Excel Patch, a material for road maintenance and repair. For this project, Standage and Ikee will be responsible for research, technology provision, product manufacturing, and subsequent market deployment for the maintenance and repair of road infrastructure, which is considered an issue in the West African region, a region expected to grow in the future.The METI will provide funding for these services.\r\n\r\n\u25a0 Background\r\nAs indicated in the West Africa Growth Ring Master Plan (MP), road infrastructure in West Africa is expected to continuously grow. At the same time, existing and new roads will continue to deteriorate, and as the number of paved roads increases, the importance of maintenance and repair will grow.\r\n\r\nAccording to the Development Cooperation Policy, Ghana is committed to infrastructure development, including the construction of ports and the expansion of trunk roads, with the goal of becoming the transportation hub of the West African region. In addition, Nigeria has one of the largest economies and populations in Africa, and will play an important role at the eastern end of the MP.\r\n\r\nDespite this, however, maintenance and repair of existing roads has not kept pace, and although local repair methods are inexpensive, they face challenges such as limited distance from asphalt plants. From a medium- to long-term perspective, a transition to formal repair materials is necessary, and simple and inexpensive repair products are needed.\r\n\r\n\u25a0Standage and Ikee's Strengths - Achievements in Africa\r\nIkee's all-weather pavement repair material \"Excel Patch\" was tested in the \"JICA Road Bridge Maintenance and Management Capacity Enhancement Project\" currently underway in Ghana, and the product has received high acclaim.\r\nStandage also supports trade initiation, including sales channel development, for domestic small and medium-sized enterprises, and has four bases in the African region as a renewed focus area. In the past, Standage has been selected by the Ministry of Foreign Affairs of Japan as a recipient of a grant assistance project under the \"Preliminary Survey on Grant Assistance\u201d.\r\n\r\nIn this project, Ikee will take the lead in research on road maintenance and repair technology and product manufacturing, etc., whereas the subsequent market development and trade development will be conducted by utilizing Standage's trade platform, local subsidiaries, and local bases for research and development.\r\n\r\nStandage, which has its own local offices and local human resources in Africa and is well versed in the situation, and Ikee, which has experience in providing road repair materials in Africa, will cooperate in this project to contribute to the improvement of road infrastructure in West Africa and further economic development of the region.\r\n\r\n\u25a0About Ikee\r\nEstablished in April 1957. The company has been active in the construction industry in Ehime Prefecture, especially in the paving industry, as its main business field. While diverse companies have been established and zen since then, the company now owns 12 group companies. The overseas business has been actively promoted from the beginning, and the company owns a number of overseas operations such as runway slip resistance surveys for NASA and other organizations. Starting in 2015, the company established a local subsidiary in Cambodia as part of its overseas expansion. It is targeting West Africa as its next expansion destination after Central Asia. With the philosophy of \"Never be discouraged, never be arrogant,\" the company aims for the continuous development of the local community and the company as a \"town doctor for infrastructure.\r\n\r\nEstablished in April 1957\r\nRepresentative: Shu Nishiyama, President\r\nCapital: 45 million yen\r\nURL https:\/\/ikee.jp\/\r\n\r\n\u25a0About Standage\r\nEstablished in March 2017. Established a Nigeria office in December of the same year, with local offices in Kenya, South Africa, and Egypt to follow in 2021. Provides \"Digitrad,\" a comprehensive digital trade service that can complete all trade operations, from matching trade sellers and buyers to settlement, financing, and cargo delivery. Developed a secure, inexpensive, and speedy payment system utilizing blockchain and crypto assets for settlements in emerging countries. By utilizing the functions of a trading company and technology, it aims to develop a society that seamlessly connects small- and medium-sized Japanese companies with all over the world.\r\n\r\n\u25c7Official website of \"Digitrad\" service: https:\/\/standage.co.jp\/digitrad\r\nEstablished March 2017\r\nRepresentative Akinori Adachi, President and Representative Director\r\nCapital: 68,568,500 yen (including 327,850,250 yen in capital reserve)\r\nURL https:\/\/standage.co.jp\/"},"author":{"author_image":"","author_name":"","author_image_link":"","introduction":""},"production_published":false},"_links":{"self":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/posts\/4633"}],"collection":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/comments?post=4633"}],"version-history":[{"count":5,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/posts\/4633\/revisions"}],"predecessor-version":[{"id":5063,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/posts\/4633\/revisions\/5063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/media\/4301"}],"wp:attachment":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/media?parent=4633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/categories?post=4633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/tags?post=4633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}