Gov't, Keidanren aim to double investment to 200 tril. yen by FY 2040

The government and Japan's biggest business lobby Keidanren said Monday they plan to double the country's capital expenditures to 200 trillion yen ($1.3 trillion) in fiscal 2040 from its level in fiscal 2023, as they seek to expand investment in growth areas such as decarbonization and digitalization."The government and the private sector need to work hand in hand" to make the newly set goal a reality, Prime Minister Shigeru Ishiba said in a meeting held at the prime minister's office.Ishiba emphasized that the government is making efforts to attract investments worth over 50 trillion yen i…READ FULL ARTICLE