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Japan Offers Investment Opportunities To Saudi Arabia At 35 Billion Dollars.

Japanese businessmen and investors are inviting Saudi Arabian partners to seize the investment opportunities available in the rising sun after the global economic crisis. These investment opportunities are valued at nearly 35 billion dollars. In addition, the Japanese government also provides special incentives in the form of various facilities for investors in addition to no taxes.

 To illustrate the following, Hidoroni Nabika, who is the Chief Executive of the Japanese Trust Company, has asserted that the Japanese government has enacted a law that excludes foreign investors from paying taxes on every investment unit placed in the country. In addition to expecting the main sectors to be focused on investment by Saudi citizens are real estate aspects such as hotel construction, shopping centers, and museums as well as tourism factors. Nabika also noted that Japanese banks and financial institutions have announced a formal reduction in service charges for Islamic investment services schemes with immediate effect. At the same time, the institution tightened investment lending requirements for companies and foundations impacting the global financial crisis that gripped the country's economic situation worldwide.

Meanwhile, Muhammad az-Zakriwi, the founder of Japan's Conventional Industrial Reform Center, confirmed that there are flooded investment opportunities in various sectors, especially in terms of real estate that can provide returns for Saudi businesses and mega projects. For example, sale of residential apartments, shopping malls and so on.

Aziz Zakriwi added that Japanese investors and business companies are very much looking forward to injecting foreign capital with Islamic methods into their trading and economic institutions alongside the visit of Saudi Arabian investors. It is supported by the sustainability of Japan's current economic situation with its rapid development.

Japan is listed as the second largest trading partner country for Saudi Arabia with a transaction value of between $ 152 billion. It is also noted that Japan is also the second largest investor in the petrochemical, pharmaceutical, electronics, and textile (textile) industries.