UK, Japan set to agree $24 billion investment, tech partnerships

Britain and Japan ​are set to agree ​investment and technology partnerships worth ​more than £18 billion ($24 billion), expected to create tens of thousands of jobs, as Prime Minister Keir ‌Starmer meets ⁠his ⁠Japanese counterpart Sanae Takaichi on Sunday.

The agreements include a Japanese five-year investment pipeline of more than £9 ​billion in infrastructure and ⁠financial services, alongside ‌plans to unlock up ​to £9 ​billion for UK offshore wind projects.

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The offshore wind component is expected ​to support 5.9 gigawatts of capacity ​across projects in Scotland and the Celtic Sea.

The two countries will also launch a new technology partnership covering areas such as AI, semiconductors ‌and quantum computing.

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Separately, companies including Hitachi Energy, Rolls-Royce and Eisai are ​also expected ​to announce ⁠investments and collaborations spanning power grid expansion, nuclear technology and life sciences.

Other business and ​government agreements are expected to be signed during Takaichi's visit, which comes ahead of the June 15-17 G7 summit in France.