A policy to expand subsea cable investment through public-private cooperation has been announced, with investment of ¥2.4 trillion expected by fiscal 2040. The aim is to increase and maintain Japanese companies’ market share at approximately 35% by 2030, up from the current level of approximately 20%.
Subsea cables are attracting attention as a pillar of economic security. They are expected to receive support under the amended Economic Security Promotion Act, while efforts move forward to build the foundations for a stable digital economy.
Combined public- and private-sector investment of ¥2.4 trillion is expected by fiscal 2040, with the aim of increasing and maintaining Japanese companies’ share at approximately 35% by 2030, up from the current 20%.
This article provides a detailed explanation of the background to and realities of this investment.