By 2030, Japan wants to increase foreign direct investment to 100 trillion yen. The Japanese government is aiming to attract competent tech professionals from India and Southeast Asia as part of this approach. The Japanese Cabinet Office discussed strategies to increase investment and entice highly trained workers from these regions during a recent meeting, according to NikkiAsia.com.

Encouraging immigration procedures for IT workers

Hindustan Times reported that Japan is thinking of changing its residence status system to support this move. The goal of this action is to make it easier for IT workers from India and Southeast Asia to work in the nation. In order to facilitate international enterprises' creation of operations in Japan, the government is also considering performing company establishment procedures in English.

Deputy Minister of the Cabinet Office Tatsunori Ibayashi emphasized that the government is committed to reaching the investment objective of 100 trillion yen. He said, "We have identified priority issues and will accelerate efforts to reach the 100 trillion yen balance of direct investment in Japan."

Resolving Labor Shortages Using the New Visa Framework

To tackle the labor scarcity, particularly in remote areas, Japan is launching a novel five-year labor permit scheme. According to Hindustan Times, lower-skilled foreign workers would be permitted to enter Japan under the Specified Skills visa and work in industries including manufacturing, construction, nursing care, and agriculture. The contentious Technical Intern

Training Program (TITP), which has drawn condemnation for several infractions and anomalies, is to be replaced by this program. It is anticipated that the new visa process would provide a more open and respectable framework for the hiring and admittance of international workers.