Japan to fund companies expanding abroad in areas from chips to ships

Tokyo seeks economic security fund to build supply networks for critical products

20250818N Hongawara shipyard

Japan plans subsidies for overseas projects in areas important to economic security such as shipbuilding. (Photo by Kotaro Abe)

RYUTO IMAO

TOKYO -- Japan wants to help companies in fields critical to economic security -- including semiconductors, rare earths and shipbuilding -- invest in Southeast Asian and other emerging markets in an effort to build supply chains that are structured to Tokyo's advantage.

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