Japan to invest in thermal power, diamonds, and ports in the US

For artificial diamonds used in semiconductor and precision part production, a scheme is being examined that Japanese companies will buy diamonds to be produced at a plant that the world’s largest diamond maker, De Beers, will build in the United States.

The other project under consideration is for Japan to participate in port construction in the United States.

The combined value of investments and loans in the three programs is believed to reach tens of billions of dollars.

The bilateral committee gives advice from legal and strategic viewpoints to a US investment committee that suggests investment projects to President Donald Trump, who has the final say on the matter.