JETRO Invest Japan Report 2022
Chapter3. Recent Government Policies Section3. Amended NEDO Act

As mentioned earlier, the government revised the Act on the New Energy and Industrial Technology Development Organization (NEDO Act) and established a fund for NEDO to provide grants for developing production facilities of high-performance semiconductors, etc. under the certified plans (Chart 3-3).

NEDO will provide subsidies for the development of production facilities for specified types of semiconductors approved by the Minister of Economy, Trade and Industry, utilizing a fund of 617 billion yen set aside at NEDO. The subsidy will be provided at a rate of up to 50%(The subsidy rate to be determined by METI for each certified specific semiconductor production facility development plan) for the cost of civil engineering and construction work and the production and purchase of machinery and equipment, etc., that are deemed to be part of the development of production facilities. Applications have been accepted since May 2022.

Chart 3-3: Specified Semiconductor Funding Program Scheme

Source: NEDO website

JETRO Invest Japan Report 2022

  1. Introduction

  2. Chapter1.

    FDI Trends in the World and Japan

    1. Section1.

      Global Inward FDI Flow in 2021

    2. Section2.

      Trends in Inward FDI to Japan

    3. Section3.

      Trends in Inward FDI to Japan by Country and Region

    4. Section4.

      Trends in Inward FDI to Japan by Industry

    5. Section5.

      Trends in Greenfield Investment in Japan

    6. Section6.

      Trends in Inbound M&A in Japan

  3. Chapter2.

    Business Operations of Foreign-affiliated Companies in Japan

    1. Section1.

      Outline of Foreign-affiliated Companies

    2. Section2.

      Changes in the Business Environment and Business Plan

    3. Section3.

      Expansion of Foreign-affiliated Companies into Japan’s Regions

    4. Section4.

      Open Innovation (Collaboration and Cooperation)

  4. Chapter3.

    Recent Government Policies

    1. Section1.

      Basic Policy on Economic and Fiscal Management and Reform 2022​

    2. Section2.

      Amended 5G Promotion Act​

    3. Section3.

      Amended NEDO Act

    4. Section4.

      Review/Extension of 5G Introduction Promotion Tax

    5. Section5.

      Vision for a Digital Garden City Nation​

    6. [COLUMN]

      Improving Foreign Investors- and Businesses-friendly Living Environment

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