APPROVAL OF JICT'S DECISION ON SUPPORT BUSINESS (SUPPORT FOR THE OVERSEAS DEVELOPMENT OF DX PROJECTS AND SIMILAR INITIATIVES IN THE U.S. AND OTHER COUNTRIES THROUGH LP INVESTMENTS)

TOKYO, Feb. 4 -- Ministry of Internal Affairs and Communications issued the following press release:

Today, The Minister for Internal Affairs and Communications has approved an application from JICT (Fund Corporation for the Overseas Development of Japan's ICT and Postal Services Inc., headed by OSHIMA Amane, President and CEO) to support the Overseas Development of DX projects and similar initiatives in the U.S. through LP investments, as applied.

* Background

JICT applied to the Ministry of Internal Affairs and Communications to approve its decision to support the Overseas Development of DX projects and similar initiatives (hereinafter referred to as the "Support Business") through LP* investments, pursuant to Article 25, Paragraph 2 o...