Japan plans to set a target of approximately $2.3 trillion in cumulative public and private investment by 2040, as part of a new growth strategy spearheaded by Prime Minister Sanae Takaichi, according to reports in the Nikkei newspaper.
This initiative, estimated at 370 trillion yen, is expected to be officially presented as early as next week. It is part of an economic policy aimed at strengthening the country's long-term competitiveness by mobilizing both public spending and private sector investment.
The plan would cover 17 strategic sectors considered essential for Japan's economic and technological future. Priority areas include artificial intelligence, semiconductors, and space development—industries deemed crucial in today's global competition.
According to Nikkei, the government intends to use public investment as leverage to encourage and amplify private financing. The aim would be to create a ripple effect to accelerate innovation and growth in targeted sectors.
This strategy is part of the government's desire to address the structural challenges of the Japanese economy, including low growth and demographic pressure, while consolidating the country's position in advanced technologies.
No official source has yet confirmed these details, which were reported by the business daily without direct attribution. The full content of the plan is expected to be clarified during its official presentation in the coming days.
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