At the same time, will provide grants of $ 1.9 billion while the rest of the investment is likely to come from some 142 companies, including: Fuji Electric Holding, Toda Kogyo Corp, Toshiba Corp, Sharp Corp and Panasonic.
Investments will be made in a wide range of green technologies such as fuel cars, energy efficient appliances, LED lighting systems and solar collectors. Investments of $ 6.4 billion is expected to create about 10,000 direct jobs within the next 15 months, as companies expand their production facilities and capacity.
Other industries that provide services and green products will contribute indirectly to the creation of additional 85,000 jobs. This investment is likely to create an annual demand for goods worth 22.9 billion dollars
The Japanese government reportedly ready to take major decisions having taken lessons from the global financial crisis. The head of the Ministry of Economy, Trade and Industry to create green jobs, Gun Saito said, "regularly monitor the impact of job creation by businesses that receive subsidies.
Japan is not rich in natural resources and heavily importing energy products. After the global financial crisis and the downturn in the economy, the government announced massive long-term plans for investment in green energy and ensuring sustainable economic growth.
In 2009, the government announced an ambitious 745 billion will reach 1 trillion. dollars by 2020, creating about 800,000 jobs.