October 31

Japan to Invest USD$13 Billion in Regions Such as Latin America

By Eduardo Vega

Japan set a five-year investment target of more than USD$13 trillion to support developing countries like Latin American nations, a measure to strengthen ties with growing and resource-rich economies.

The Japanese Minister of Economy, Trade, and Industry, Yasutoshi Nishimura, stated in an interview that the JPY$2 trillion (USD$13.3 trillion) in funding will come from investments by Japanese companies supported by public assistance.

Photo courtesy of Martin Abegglen.

Source: Contxto (link opens in a new window)

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