rì běn日本jì huà计划tóu zī投资měi guó美国néng yuán能源hé和kuàng chǎn矿产xiàng mù项目
The US government said Japan is preparing to invest about 36 billion US dollars in the US, starting with three projects involving key minerals, oil, natural gas, and power generation.
This is the first batch of investments after the trade agreement between the two countries; Japan had previously promised a total investment of 550 billion US dollars.
The first project is in Ohio, where a large natural gas power plant will be built with an investment of about 33 billion US dollars, which will provide a lot of electricity in the future.
The second project is on the Texas coast, with an investment of 2.1 billion US dollars to build a deepwater crude oil export terminal to help the US transport crude oil overseas.
The third project is in Georgia, with an investment of 600 million US dollars to build a diamond sand factory.
Diamond sand is an important material often used in industry and energy.
The US is concerned that some important minerals and materials controlled by other countries could affect national security.
The agreement also states that investment decisions will mainly be made by Japanese companies themselves.
After the projects make profits, the earnings will first be split equally between the US and Japan; after Japan recovers its costs, the US will take 90% of the profits and Japan 10%.
US officials said these projects will create many jobs and also strengthen the US's energy and industrial capabilities.