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Press release
2026.07.23
Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN) and I Squared Capital sign MOU to collaborate in Infrastructure Projects globally
Collaboration will accelerate Japanese participation in high-quality infrastructure investments across global markets, including in Asia Pacific, Middle East and Europe.
[TOKYO & MIAMI] — 23 July, 2026, Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (“JOIN”) and I Squared Capital (“I Squared”), a leading independent global infrastructure investment manager, today announced the signing of a Memorandum of Understanding (“MOU”) to jointly explore and deliver infrastructure projects globally outside Japan, with a special focus on transportation and urban development areas.
The strategic collaboration agreement establishes a strategy for a framework for the two organizations to identify, evaluate and invest in high-quality infrastructure opportunities globally, including in Asia Pacific, Middle East and Europe. Under the MOU, JOIN and I Squared intend to leverage their complementary strengths, combining I Squared’s global investment platform, sector expertise and local market presence with JOIN’s deep relationships across Japan’s industrial and infrastructure ecosystem, to facilitate greater participation by Japanese companies and capital in international infrastructure development.
Mr. Tatsuhiko Takesada, President and CEO of JOIN, said, “We are pleased to sign this MOU with I Squared. We look forward to further strengthening our partnership with I Squared and working together to encourage Japanese companies to participate in overseas infrastructure projects globally.”
Mr. Harsh Agrawal, Senior Partner of I Squared, said: “We are delighted to continue our collaboration with JOIN to enable investment by leading Japanese companies, bringing their accumulated knowledge, technology and experience to I Squared’s global infrastructure projects. This MOU builds on the success of our prior investments together, and we look forward to continuing our partnership.”