Britain and Japan are set to finalize investment and technology partnerships worth more than £18 billion, equivalent to around $24 billion. The agreements are expected to create tens of thousands of jobs and strengthen cooperation in key strategic sectors. The announcement comes as Prime Minister Keir Starmer meets Japanese Prime Minister Sanae Takaichi.
According to the British government, Japan will roll out a five-year investment pipeline worth over £9 billion in infrastructure and financial services. In addition, both countries plan to unlock up to £9 billion for offshore wind projects in the United Kingdom. These initiatives aim to expand renewable energy capacity and support long-term economic growth.
The offshore wind investments are expected to generate 5.9 gigawatts of energy capacity. Projects will be developed across Scotland and the Celtic Sea. Officials say the expansion will strengthen Britain’s clean energy transition while boosting industrial development in coastal regions.
The two countries will also establish a technology partnership focused on artificial intelligence, semiconductors, and quantum computing. Major companies including Hitachi Energy, Rolls-Royce, and Eisai are expected to announce additional investments. These deals will cover sectors such as power grids, nuclear technology, and life sciences.
The agreements are expected to be formally signed during Prime Minister Takaichi’s visit. The visit comes ahead of the G7 summit scheduled for June 15 to 17 in France. Officials from both countries say the partnership reflects growing alignment on economic security and advanced technology cooperation.