Top �� What's up around the Prime Minister �� February, 2003

Fifth Meeting of the Japan Investment Council Tuesday, February 18, 2003 A meeting of the Japan Investment Council was held at the Prime Minister's Official Residence. This Council, convened for fifth time, was established with the objective of gathering opinions on ways to improve the investment environment and to share information on measures related to the promotion of foreign investment in Japan. In light of the importance of the role played by investment to Japan in revitalizing the economy, the Government is determined to compile concrete measures aiming to expand investment to Japan during the current fiscal year. At this meeting, the Japan Investment Council heard a report from the expert committee concerning the current state of consideration on this matter. At the close of the meeting, Prime Minister Junichiro Koizumi stated, "As I outlined in my General Policy Speech, rather than seeing foreign investment as a threat, we will take measures to present Japan as an attractive destination for foreign firms in the aim of doubling the cumulative amount of investment in five years."