Japan's JICA seeks infrastructure collaboration with India abroad

Saito Mitsunori, the head of Japan International Cooperation Agency (JICA) in India, expressed Japan's interest in joining forces with India for infrastructure ventures in Southeast Asia, Africa, and the Pacific. He emphasized JICA's involvement in the newly unveiled Bay of Bengal Northeast Corridor initiative, aimed at erecting infrastructure in India and Bangladesh, fostering a fresh industrial value chain.

During an interview, Saito highlighted JICA's commitment to supporting private sector enterprises in India that are dedicated to providing developmental solutions. He also underlined JICA's keenness in exploring avenues to address the long-term financing requirements of India's infrastructure sector. 

This inclination towards partnership indicates a strong potential for bilateral cooperation in global infrastructure development, aligning with both nations' strategic interests. Such collaborations have the potential to not only bolster the economies involved but also promote regional stability and progress.

The intent to embark on projects in Southeast Asia, Africa, and the Pacific showcases Japan's commitment to extending its expertise and resources beyond its borders, contributing to a more connected and prosperous world.