Japan’s Finance Minister Shunichi Kato said Friday the government will establish a new facility at the Japan Bank for International Cooperation (JBIC) to channel its planned $550 billion investment package into the United States.
Kato added that regulations governing JBIC will be revised to broaden the scope of the bank’s investment activities. He also said Tokyo would continue to coordinate closely with the Bank of Japan, expressing hope the central bank would maintain appropriate monetary policies.
The investment package reflects Japan’s drive to deepen economic ties with the U.S. and expand strategic financing channels amid intensifying global competition for capital.
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What is JBIC?
The Japan Bank for International Cooperation (JBIC) is a government-owned policy bank that provides loans, guarantees, and equity financing to support Japanese companies overseas. Its mandate includes securing energy and natural resources, supporting infrastructure projects, and promoting strategic investments aligned with Japan’s national interests.
By law, JBIC operates under the Ministry of Finance, with policy priorities often linked to diplomatic and economic strategies. Expanding JBIC’s remit allows Tokyo greater flexibility to direct large-scale funding into areas such as advanced technology, supply chain resilience, and foreign partnerships.
