Japan Weighs 370 Trillion Yen Investment Goal in 17 Growth Sectors by FY2040
Updated
Updated · Kyodo News Plus · Jun 20
Japan Weighs 370 Trillion Yen Investment Goal in 17 Growth Sectors by FY2040
3 articles · Updated · Kyodo News Plus · Jun 20
Summary
370 trillion yen ($2.3 trillion) in public-private investment is under consideration as Japan drafts a fiscal 2040 target for 17 growth areas, sources close to the matter said.
The goal is set to be presented next week at a government meeting on growth strategy, with priority sectors including artificial intelligence, semiconductors, shipbuilding, aviation and space.
The plan is aimed at steering long-term capital into industries seen as critical to productivity, competitiveness and economic security.
If adopted, the target would anchor Japan's longer-term industrial policy through 2040 and signal a broad push to mobilize both state and private funding.