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- Successful Applicants Selected for the Program for Promoting Investment in Japan to Strengthen Supply Chains
Successful Applicants Selected for the Program for Promoting Investment in Japan to Strengthen Supply Chains
July 17, 2020
**Information on successful applicants has been updated from the first release on July 20 .
The Ministry of Economy, Trade and Industry (METI) selected 57 projects as successful applicants out of applications that METI received for the first examination with the closing date of June 5, 2020, under Successful Applicants Selected for the Program for Promoting Investment in Japan to Strengthen Supply Chains, which was established under the FY2020 Primary Supplementary Budget.
1. Overview of the program
Given the backdrop of the effects of the Covid-19, supply chains and their economic activities have been disrupted. These disruptions are primarily a result of the vulnerability of those supply chains caused by the high degree of concentration of production bases/manufacturing plants. Regarding products essential for people’s wellbeing, it is crucial to secure a domestic production base to ensure stable supply in case of emergencies. This program aims to strengthen supply chain resilience by supporting businesses in building new plants and introducing new facilities for these products and materials in Japan.
2. Successful applicants
METI received 90 applications for programs amounting to about 99.6 billion yen in total in response to a public call for the first examination from May 22 to the closing date of June 5, 2020. As a result of strict examination by a third-party committee of outside experts, METI selected 57 projects as successful applicants for programs amounting to about 57.4 billion yen in total.
These successful applicants are shown in the list in the Appendix.
3. Future action
METI will continue to open the public call for applicants for the program until July 22 (Wed.), 2020.
- Successful applicants for the Program for Promoting Investment in Japan to Strengthen Supply Chains (in Japanese) (PDF:172KB)
Division in Charge
Regional Industrial Infrastructure Division, Regional Economic and Industrial Policy Group