UK and Japan announce £18bn investment deal targeting infrastructure and offshore wind
Japanese firms will invest more than £9bn in UK infrastructure and financial services and up to £9bn in UK offshore wind over the next five years, UK Prime Minister Keir Starmer and Japanese Prime Minister Sanae Takaichi announced in London.
Japanese firms will invest more than £9bn in UK infrastructure and financial services and up to £9bn in UK offshore wind over the next five years, UK Prime Minister Keir Starmer and Japanese Prime Minister Sanae Takaichi announced Sunday in London. The £18bn total represents a mix of new commitments and previously announced plans, though Downing Street did not specify the breakdown.
Mitsubishi Estate, Mitsui Fudosan, and Nomura Real Estate are among the Japanese firms committing billions to UK infrastructure and real estate projects over the period. Separately, Rolls-Royce (RR) will work with Japan's Atomic Energy Agency to develop next-generation nuclear technologies, and a technology agreement will link UK research and software expertise with Japanese manufacturing. Both nations reaffirmed their commitment to the Gcap fighter jet programme being developed with Italy.
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