Japan’s 100 trillion yen FDI target

Japan aims to attract 100 trillion yen ($750 billion) of foreign direct investment by 2030.

According to the official Kyodo agency, which is based on the new government action plan, Japan plans to increase its attractiveness for investment.

The central government has upgraded the foreign investment target of 80 trillion yen, recorded in the previous action plan.

With the aim of increasing its growth and competitiveness, Japan aims to attract 100 trillion yen of foreign direct investment by 2030.

PRIORITY AREAS OF PRODUCTION AND RESEARCH

In line with the planning, which will also benefit from the depreciation of the Japanese yen against the foreign currency, priority will be given to the fields of production and research.

According to the plan, where tripartite cooperation between business, academia and the public will be deepened, financial resources will be used in strategic areas such as semiconductors, digitization, green technology and health.

Prime Minister Kishida Fumio, who sees digital and green transformation as key areas of investment, said in a statement: “The move plan is a plan that will make Japan more open to the world.” (AA)