Japan's government said on Monday that it has increased its 2030 foreign direct investment goal by 20 per cent to reach as high as 150 trillion yen ($1.05 trillion) by the mid-2030s, intensifying its initiatives to attract more international investments. Japan aims to triple its current investment level of around 50 trillion yen to attract foreign firms and boost key growth sectors like decarbonisation, as part of efforts to revitalise its economy. The goal is to adjust the 2030 target to 120 trillion yen, paving the way for increased efforts in the following years to achieve 150 trillion yen by 2035. The enhanced foreign direct investment strategy also seeks to boost regional economies and generate employment opportunities in areas beyond major urban centres. Attribution: Reuters Subediting: M. S. Salama
