Home > Business > SoftBank, GE Vernova among firms interested in Japan's $550 billion US investment package

SoftBank, GE Vernova among firms interested in Japan's $550 billion US investment package

Written By: TDG Syndication
Last Updated: October 28, 2025 14:41:03 IST

TOKYO (Reuters) -About 20 companies from Japan and the U.S. have expressed interest in projects that are part of Tokyo's planned $550-billion investment package, a factsheet issued by the two countries showed on Tuesday. The companies include SoftBank Group, Westinghouse, GE Vernova and Hitachi, according to a list of projects that are worth up to around $400 billion. Japan has said its $550 billion investment package, agreed upon under its tariff deal with Washington in September, would include equity, loans and loan guarantees from state-owned agencies. Westinghouse is looking at building pressurized water reactors and small modular reactors in projects worth up to $100 billion, involving Japanese suppliers like Mitsubishi Heavy Industries, Toshiba and IHI. A consortium that includes GE Vernova and Hitachi is also considering building small modular reactors. SoftBank is interested in a $25 billion project to develop large-scale power infrastructure. Carrier could supply thermal cooling systems for power infrastructure and Panasonic could build energy storage systems. (Reporting by Makiko Yamazaki; Editing by Clarence Fernandez and Thomas Derpinghaus)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.