Lithuania tries to attract Japanese investors

japanese yenThe Lithuanian nuclear project, Visiginas - construction of a new power plant to replace the old Ignalina plant - is still in a limbo. And so is the Japanese Hitachi’s participation and investments in it. Nevertheless, the interest of Japanese investors in Lithuania is being cultivated by other means, the Baltic Business News and news2biz Lithuania report.

Investment promotion agency Invest Lithuania in May signed a partnership agreement with Japanese invesors and banks to provide initial assistance eyeing Lithuanian investment projects.The Japanese bank - Bank of Tokyo-Mitsubishi UFJ Ltd - is part of  a major global financial services player.

Source: the Lithuania Tribune - BBN