Listen to this article in summarized format
×
Subscribe to
Unlock AI Briefing and Premium Content
New Year Offer 24 Hours Left
Subscribe NowAlready a member? Sign In
What's Included
- Exclusive Stories
- Daily ePaper Access
- Smart Market Tools
- Curated Investment Ideas
- Ad-lite Experience
Subscription
APBritain and Japan are set to agree investment and technology partnerships worth more than £18 billion ($24 billion), expected to create tens of thousands of jobs, as Prime Minister Keir Starmer meets his Japanese counterpart Sanae Takaichi on Sunday.
The agreements include a Japanese five-year investment pipeline of more than £9 billion in infrastructure and financial services, alongside plans to unlock up to £9 billion for UK offshore wind projects.
Also Read: Protest erupts in Iran against Araghchi over prospective US peace deal
The offshore wind component is expected to support 5.9 gigawatts of capacity across projects in Scotland and the Celtic Sea.
The two countries will also launch a new technology partnership covering areas such as AI, semiconductors and quantum computing.
Also Read: Trump and other G7 leaders are meeting without China. Is that a mistake?
Separately, companies including Hitachi Energy, Rolls-Royce and Eisai are also expected to announce investments and collaborations spanning power grid expansion, nuclear technology and life sciences.
Other business and government agreements are expected to be signed during Takaichi's visit, which comes ahead of the June 15-17 G7 summit in France.
(You can now subscribe to our Economic Times WhatsApp channel)
The agreements include a Japanese five-year investment pipeline of more than £9 billion in infrastructure and financial services, alongside plans to unlock up to £9 billion for UK offshore wind projects.
Also Read: Protest erupts in Iran against Araghchi over prospective US peace deal
The offshore wind component is expected to support 5.9 gigawatts of capacity across projects in Scotland and the Celtic Sea.
The two countries will also launch a new technology partnership covering areas such as AI, semiconductors and quantum computing.
Also Read: Trump and other G7 leaders are meeting without China. Is that a mistake?
Separately, companies including Hitachi Energy, Rolls-Royce and Eisai are also expected to announce investments and collaborations spanning power grid expansion, nuclear technology and life sciences.
Other business and government agreements are expected to be signed during Takaichi's visit, which comes ahead of the June 15-17 G7 summit in France.
Add 
as a Reliable and Trusted News Source
as a Reliable and Trusted News Source
Add Now!
(You can now subscribe to our Economic Times WhatsApp channel)
ETPrime Membership
