Japan has secured $2.2 billion in loans to fund the initial round of projects under its broader $550 billion investment commitment in the United States, marking the start of financing linked to a trade agreement that reduced U.S. tariffs on Japanese imports to 15 percent.
The state-run Japan Bank for International Cooperation announced on Friday that it will contribute roughly one-third of the total financing, with commercial lenders covering the remaining portion.
Financing for natural gas generation project
The Japan Bank for International Cooperation signed a loan agreement amounting to approximately $630 million with Japan Invest 3 LLC (JI3), a U.S. company established with equity investment from JBIC.
The loan is co-financed with private financial institutions, bringing the total co-financing amount to approximately $1.885 billion. Nippon Export and Investment Insurance (NEXI) will provide the insurance for the loan by the private financial institutions.
This loan will provide the funds necessary for JI3 to invest in a natural gas generation project, which constitutes one of the first batch of projects under the Strategic Investment Initiative based on the Memorandum of Understanding on Strategic Investment announced by the Governments of Japan and the U.S. in September 2025. This loan corresponds to the initial investment for this project.
$23 million to fund synthetic diamond manufacturing and sales project
The Japan Bank for International Cooperation also signed a loan agreement amounting to approximately $7 million with Japan Invest 1 LLC (JI1), a U.S. company established with equity investment from JBIC.
The loan is co-financed with private financial institutions, bringing the total co-financing amount to approximately $23 million. Nippon Export and Investment Insurance (NEXI) will also provide the insurance for this loan by the private financial institutions.
This loan will provide the funds for JI1 to invest in an industrial synthetic diamond manufacturing and sales project. The Government of Japan indicated that the promotion of this project is aligned with the objectives of the Strategic Investment Initiative, including the promotion of mutual benefits between Japan and the U.S., the enhancement of economic security and the promotion of economic growth.
$313 million to develop crude oil export terminal in Texas
Finally, the bank signed a loan agreement amounting to approximately $104 million with Japan Invest 2 LLC (JI2) to provide the funds necessary for JI2 to invest in a crude oil transportation and export infrastructure project for industrial use.
The loan is also co-financed with private financial institutions, bringing the total co-financing amount to approximately $313 million.
The project will develop a crude oil export terminal in deep waters off the coast of Texas, capable of directly berthing and loading very large crude carriers (VLCCs). Through this development, the project aims to address issues that have arisen from existing transportation methods, including cost increases, congestion and wastewater management. It is also intended to develop critical energy export infrastructure to ensure the stable and efficient supply of U.S. crude oil to overseas markets.
