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The Prime Minister in Action

Conference on Promoting Direct Investment into Japan

March 17, 2015

Photograph of the Prime Minister delivering an address

Photograph of the Prime Minister delivering an address

  • Photograph of the Prime Minister delivering an address
  • Photograph of the Prime Minister delivering an address

Photograph of the Prime Minister delivering an address

Photograph of the Prime Minister delivering an address

[Provisional translation]

Prime Minister Shinzo Abe attended the Conference on Promoting Direct Investment into Japan at the Prime Minister’s Office.

At the Conference discussion was held on the five promises for attracting foreign companies to Japan.

The Prime Minister said in his opening address,
“The promotion of direct investment into Japan is one of the pillars of the Growth Strategy under Abenomics. New business models and technology brought into Japan by foreign companies will create innovation.
In order to make Japan a country where it is easy for both domestic and foreign companies to operate, we are strongly advancing corporate tax reforms, reforms of vested interests, and economic partnerships including TPP. The amount of direct investment from overseas increased threefold last year.   
Today, in order to accelerate direct investment into Japan, we will approve the five promises for attracting foreign companies to Japan.
We will utilize IT to enable the use of other languages not only when shopping at department stores, supermarkets and convenience stores, but also at hospitals and when using trains and buses, so that foreign users can do so without any trouble.
In addition, to help foreign visitors to Japan easily make use of Japan’s broadband infrastructure, which ranks among the top in the world, we will enable the free use of LAN around town, without any need to sign a contract with a Japanese telecommunications company.
Furthermore, to allow foreign companies to easily set up in the regions, we will both establish a system whereby all local governments participate in the promotion of investment, and also enable business jets to land at all regional airports, as long as they provide prior notice shortly beforehand.
Moreover, for companies that have made a large amount of investment from overseas, we will establish a dedicated support system, whereby they will be able to directly consult senior vice-ministers for advice. I would like to ask the Minister of State for Economic and Fiscal Policy, Mr. Amari, to formulate this initiative.
I will personally lead efforts to promote investment into Japan, and request the kind cooperation of all the relevant ministers.”

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