Tokyo announced on Friday it will establish an investment facility at the state-owned Japan Bank for International Cooperation (JBIC) to support a USD 550 billion investment package under its tariff deal with the U.S. The package, detailed in a recent memorandum of understanding, targets sectors including chips, metals, pharmaceuticals, energy, and shipbuilding, with investments planned through January 2029. The country's finance ministry said the package will include equity, loans, and loan guarantees from JBIC and Nippon Export and Investment Insurance (NEXI). The new facility will help fund overseas expansions by Japanese firms in industries critical to Japan’s economic security. The ministry also revised JBIC regulations to expand its investment scope in developed countries, including automotive and pharmaceuticals, beyond previous limits that had applied more restrictively than for emerging markets.