With the aim of doubling foreign direct investment in Japan to 80 trillion yen by 2030, Minister of State for Economic Revitalization Yamagiwa revealed that he intends to compile concrete measures to promote investment within the current fiscal year.

The government aims to double foreign direct investment in Japan from 40 trillion yen in 2020 to 80 trillion yen in 2030. In addition, a working group was set up in May this year to consider support measures for connecting Japanese startups and foreign capital.

The first meeting of the working group was held on the 28th, and was attended by Minister of State for Economic Revitalization Yamagiwa, as well as representatives of local governments and university professors.



In this, Minister Yamagiwa said, "The other day, Prime Minister Kishida also said in New York, 'Please invest in Japan.' I would like to organize and compile concrete measures that should be implemented intensively for the sake of



The working group plans to hold discussions on issues such as the budget and tax system to attract foreign investment in Japan, and to make an interim report by the end of the year.