JBIC, Texas vow to boost Japanese investment in southern U.S. state

The Japan Bank for International Cooperation and Texas have agreed to promote Japanese investment in the southern U.S. state in new business areas such as renewable energy, mobility services and disaster risk reduction.JBIC Governor Tadashi Maeda and Texas Gov. Greg Abbott signed a memorandum of understanding on the matter during a Sept. 27 meeting in Tokyo.The agreement came about a year after the Japanese government-backed lender said it will extend $300 million in loans to Texas Central Rail Holdings LLC for the development of a high-speed railway project linking Dallas and Houston.The a…READ FULL ARTICLE