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Koizumi's Pledge to Double Inward Investment in Five Years.

Asia Africa Intelligence Wire

| September 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Journal of Japanese Trade & Industry (JJTI))

Byline: Shimada Haruo

Japan has long been closed to investment from abroad. But its government and private sector alike are now moving to induce foreign capital in an effort to revitalize the nation's economy. Prime Minister Koizumi Jun-ichiro has pledged to double the cumulative amount of foreign investment in Japan in five years. The Japan Investment Council, chaired by the prime minister and comprising leading academics and business executives, has drawn up a program for increasing inward investment, including structural reform for facilitating inward investment. Shimada Haruo, a professor at Keio ...

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