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Jakarta Post

‘Gotong royong’: Spirit of Japanese-ASEAN cooperation

  • Akira Chiba

    Ambassador of Japan to ASEAN

Jakarta   /   Mon, January 13 2020   /  01:32 am

Japanese Foreign Minister Toshimitsu Motegi delivered his first policy speech on ASEAN at the ASEAN Secretariat in Jakarta on Friday as he concluded his visit to the region, which also took him to Vietnam, Thailand and the Philippines. In his speech, Minister Motegi reiterated Japan’s intention to mobilize US$3 billion from the public and private sectors over the next three years between 2020 and 2022, including a total of $1.2 billion overseas loans and investments for ASEAN from the Japan International Cooperation Agency (JICA).This initiative on overseas loans and investments aims to meet the significant demand for infrastructure development in the ASEAN region, while at the same time redressing economic inequality and realizing stable development. The initiative has three targeted fields: (1) quality infrastructure development, (2) improving financial access and supporting women an...