Japan aims to boost annual infrastructure exports to 45 trillion yen

 

TOKYO. The Japanese government has decided to increase the country’s annual infrastructure exports to 45 trillion yen (about 286 billion US dollars) by 2030, aiming to increase supply chains in the energy and food sectors.

On Tuesday, the government released a new export strategy. It aims to reach its 2025 target of 34 trillion yen. In 2022, Japan’s overseas infrastructure was worth 31 trillion yen, an increase of nearly 60 percent compared to 2014.

The strategy will help Japanese companies expand infrastructure exports in key economic security sectors such as energy and food. The country remains heavily dependent on imports for these vital resources. Prime Minister Shigeru Isiba said in a meeting at his office, “I hope that the government will continue to work with determination for further progress.” Agency