New collaboration between the UK government and a top Japanese trading company will unlock £7.5 billion of investment into Britain, boosting economic growth and driving forward the government’s Plan for Change.
The Minister for Investment Baroness Poppy Gustafsson signed the new partnership with Sumitomo Corporation’s Energy Transformation Group CEO Mr Hajime Mori, Europe CEO Mr Hiroyuki Koike and the Energy Transformation Business Group in Tokyo.
Sumitomo Corporation aims to facilitate £7.5 billion of investment into key UK infrastructure and clean energy projects by 2035, backing the government’s aim to significantly increase long-term business investment into key growth sectors following the publication of the Modern Industrial Strategy and the 10-Year Infrastructure Strategy.
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