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2026-02-18 06:07:49
[Japan Plans to Invest $36 Billion in the US, Covering Energy and Mining Sectors] 1. According to US Commerce Department officials, as part of a $550 billion strategic trade and investment agreement, Japan plans to invest approximately $36 billion in the US, focusing on key minerals, oil and gas infrastructure, and power generation. US President Trump announced the news on social media, calling it the "first investments" under last year's US-Japan agreement, which will "revitalize America's industrial base and create hundreds of thousands of jobs." 2. The largest project is a $33 billion gas-fired power plant in Portsmouth, Ohio, with an expected generating capacity of 9.2 gigawatts, making it one of the largest power projects in US history. The project is led by SoftBank subsidiary SB Energy. In addition, Japan will invest slightly more than $2 billion in a deepwater crude oil export facility on the Texas Gulf Coast led by Sentinel Midstream, and a corundum manufacturing plant in Georgia. 3. The Japanese Prime Minister is expected to visit the White House in March to further promote bilateral trade and strategic cooperation. This large-scale investment marks a further deepening of US-Japan economic relations during the Trump administration, focusing on energy security and supply chain resilience.
