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Economy

Abe pledges $200bn for global infrastructure

Shinzo Abe

TOKYO -- Japanese Prime Minister Shinzo Abe pledged Monday to invest $200 billion in the coming five years to build roads, power plants and ports around the world.

In a speech read out by an aide at a banquet for the 22nd International Conference on The Future of Asia, Abe said that as host of the just-concluded Group of Seven Leaders' meeting in Ise-Shima, Japan had taken on "a new responsibility" to contribute to the global economy, using all the policy tools at its disposal.

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