Media Announcement: Memorandum of Understanding signed between the WA Government and the Japan Bank of International Cooperation (JBIC)

AJBC welcomes the signing of an MoU between the WA Government and the Japan Bank of International Cooperation (JBIC).

The MoU will focus on information exchange and investment opportunities in the realms of hydrogen, ammonia, low emission, and decarbonisation technology. 

The MoU will also promote cooperation in developing sectors, helping to attract greater support from JBIC in new energy projects across WA.

Premier Mark McGowan said the MoU with JBIC recognises the strength of Japan and WA’s strategic partnership, plotting a course for new opportunities into the future.

“Just as Japanese investment in the late 1960’s was foundational in developing the State’s iron ore sector and later the LNG sector, WA is well positioned to support Japan’s transition to net zero by 2050,” said Premier McGowan.