TOKYO -- Japan seeks to encourage corporate investment in emerging and developing countries by providing guarantees through the Japan International Cooperation Agency, with a necessary legislative change aimed for fiscal 2025.
Legislative revision eyed for fiscal 2025 to allow for JICA support
Projects in the developing world, like this Jakarta subway, have been supported by Japanese public funding, but risks have been high for private investment. © Reuters
TOKYO -- Japan seeks to encourage corporate investment in emerging and developing countries by providing guarantees through the Japan International Cooperation Agency, with a necessary legislative change aimed for fiscal 2025.