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Wednesday, February 26th, 2025

Japan Boosts Efforts to Attract Foreign Direct Investment with Ambitious 2030 Target

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The Japanese Ministry of Foreign Affairs is intensifying efforts to promote foreign direct investment (FDI) in Japan, aiming to attract people, goods, capital, and ideas to strengthen economic growth and foster innovation. In June 2023, the government set an ambitious target of achieving 100 trillion yen in FDI by 2030, as outlined in the “Basic Policy on Economic and Fiscal Management and Reform 2023.”

To support this goal, the Ministry has established “contact points for promotion of foreign direct investment in Japan” at 126 overseas diplomatic missions. These contact points, in collaboration with the Japan External Trade Organization (JETRO), focus on gathering investment-related information, improving regulations, strengthening ties with foreign businesses, and organizing events to promote Japan as an investment destination.

Additionally, the Ministry launched the “FDI Task Force” in June 2023, initially in five key locations, including the U.S., U.K., and Germany. By January 2025, the Task Force expanded to 11 locations, including India, Singapore, and the UAE, to enhance engagement with major companies and government agencies.

The Ministry also hosts Global Business Seminars to showcase Japan’s business environment and investment opportunities, featuring insights from government officials, business leaders, and foreign companies operating in Japan. These initiatives underscore Japan’s commitment to becoming a top global investment destination.

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