Significant partnership with Japan to better support transport infrastructure

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A new agreement signed between the Province of British Columbia and the Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN) group will help provide innovative and clean solutions for future transport projects and priorities.

Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation, co-signed the new Memorandum of Cooperation with Tatsuhiko Takesada, President and CEO of JOIN, in Vancouver. The purpose of the Memorandum of Cooperation is to increase information sharing, discussions and coordination with Japan on transportation infrastructure projects and solutions.

“This agreement will help broaden our horizons in transportation infrastructure and technology and welcome international investment to British Columbia,” Kahlon said. “This will help British Columbia achieve the core mission of our StrongerBC economic plan of building more resilient communities with modern infrastructure that are better equipped to withstand climate and economic change.

The agreement supports BC and JOIN sharing ideas and discussing upcoming transportation projects and priorities, including infrastructure projects, urban development, railways, ferries, port terminals and airports.

“We are honored to sign the Memorandum of Cooperation with the Government of British Columbia today. This is the first step, but a giant leap for future cooperation,” Takesada said. “Our goal is to be involved in projects with BC from the upstream by bringing investment opportunities and encouraging Japanese companies to participate. We look forward to working with the Government of British Columbia on these kinds of initiatives in the future.

JOIN is a government policy-based company in Japan, engaged in investing in transportation and urban development projects outside of Japan. It also helps Japanese companies, such as equipment manufacturers, contractors and infrastructure construction companies, to expand their business overseas.

“This agreement and the sharing of information comes at an excellent time, as we focus on building back better, ensuring that our infrastructure is strong, resilient and reliable for the new climate reality in which we find ourselves” said Rob Fleming, Minister for Transport and Infrastructure. . “We know that Japan shares these same goals in terms of innovative technology in the world of climate change – and we want to work together to develop solutions.”

Japan’s long-term vision focuses on overcoming its land limitations and natural disasters, highlighting why Japan and British Columbia share an interest in environmental, social and governance (ESG) responsibility. The StrongerBC Economic Plan positions British Columbia to compete in international markets by building on British Columbia’s reputation for ESG responsibility.

“Establishing this partnership with JOIN is a big step forward in British Columbia’s trade diversification strategy, which is a key pillar of the StrongerBC economic plan,” said George Chow, Minister of State for Trade. “We are focused on exploring new ways for BC businesses to connect with new international partners and help leverage our BC brand to create more economic opportunities. at home and abroad.

The deal builds on the European trade mission Kahlon took part in last month, where he signed two agreements to bring sustainable investment, opportunity and well-paying jobs to British Columbians. The first agreement was signed with the Netherlands and focused on cooperation and sharing of resources in agritech to support food security in British Columbia. The second agreement was signed with Finland, emphasizing the collaboration of the two regions to further develop the forest bioeconomy and the mass timber sector. .

The StrongerBC Economic Plan moves British Columbia forward by tackling today’s challenges, while building an economy that works for everyone. The long-term plan builds on British Columbia’s strong economic recovery and aims to address two long-standing challenges – inequality and climate change – by closing the skills gap, building resilient communities and helping businesses and people make the transition to clean energy solutions. The plan sets out two main goals for the province, inclusive growth and clean growth, and proposes six missions to keep British Columbia on track.

Learn more:

For more information on the StrongerBC Economic Plan, visit: https://strongerbc.gov.bc.ca/plan

For more information about JOIN, visit: https://www.join-future.co.jp/english/

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