Japan has committed to invest approximately $36 billion in the United States in oil, gas, and critical minerals projects, marking the first tranche of investments under the broader $550 billion trade and investment agreement negotiated during the Donald Trump administration, according to Economic Times.
The package includes a natural gas‑fired power plant in Portsmouth, Ohio, valued at $33 billion with a planned capacity of 9.2 gigawatts, a deepwater crude oil export terminal on the Texas Gulf Coast, and a synthetic industrial diamond facility in Georgia aimed at securing domestic supply of critical manufacturing inputs. These projects are designed to strengthen U.S. energy infrastructure and critical supply chains.
Bloomberg noted that the investments reflect Japan’s first major step under the pact, which also reduced tariffs on Japanese imports and expanded cooperation in strategic sectors. The initiative is expected to create jobs, enhance U.S. energy capacity, and bolster supply chain resilience, reinforcing economic ties between the two countries.
Japanese authorities, including Prime Minister Sanae Takaichi, emphasized that the projects promote mutual economic benefits, energy security, and industrial collaboration, forming a key part of the long‑term strategic partnership between Tokyo and Washington, yahoo finance reported.
