News

Press release

2023.10.31

Memorandum of Corporation with the Department for Business and Trade, UK

Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (“JOIN”, headquartered in Tokyo, President & CEO: Tatsuhiko Takesada) announced it has signed a Memorandum of Cooperation (“MOC”) on October 11, 2023 with United Kingdom’s Department for Business and Trade (“DBT”).

Based on the MOU, JOIN and DBT have agreed to mutually share information and consult each other on transport and urban development projects in the UK and third countries. The two parties will seek to strengthen investment by Japanese companies in the UK and collaboration between Japan and the UK in third countries on transport and urban development projects using smart cities, quality infrastructure and related technologies in the UK and third countries.

JOIN continuously intends to be involved in the overseas transport and urban development projects from the early stages, cooperating with host governments and related parties, to facilitate Japanese companies through the creation of a business environment that encourages their participation in overseas projects.

 

Memorandum of Corporation with the Department for Business and Trade, UK