Investment Policies

Our Decision Making Process

We review and assess each candidate project based on the “Criteria for Support by the Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development” (Public Notice of the the Ministry of Land, Infrastructure, Transport and Tourism No. 981 of October 14, 2014), alongside with the political significance and feasibility of each project.

Political Significance

  • Utilize Japanese technology, experience and knowledge in infrastructure
  • Support Japanese companies to participate in overseas markets
  • Consistency with Japanese diplomatic and economic policies
  • Consideration of the environment and society

Private Initiative

  • Commitment from private partners to provide equity.
  • JOIN cannot become the largest shareholder among Japanese investors.


  • Ensure an appropriate management structure
  • Forecast long-term earnings through objective demand forecast.
  • Assess the recovery of investment at the end of the project
  • Arrange in advance discussion with related parties about exit strategies.

JOIN’s decision to invest in a project will be
based on all of the above criteria.

Project Scheme Example

Local Project Company