Robinson, McGuinness Host Japanese Business Reception

First Minister Peter Robinson and deputy First Minister Martin McGuinness have hosted a business reception in London for Japanese investors.

The reception was held to build on the relationship between the two countries spurred by an OFMDFM visit to Japan in December last year.

Over 50 current and potential Japanese investors, members of the Japanese Chamber of Commerce in London, and Ambassador Hayashi from the Japanese embassy attended the reception.

Peter Robinson said: "This event is a valuable opportunity to recognise the deep and mutually beneficial relationship that continues to develop between Northern Ireland and Japan and to show the Executive’s commitment to supporting overseas companies to invest in Northern Ireland.

"Japan is an important and growing trading partner for Northern Ireland with exports currently worth in excess of £32m. In recent months over 700 new jobs have been created by Japanese companies such as Terumo, Fujitsu and Ryobi. As a result of new investment and continued re-investment, our six major Japanese businesses will be employing almost 3,500 people in Northern Ireland in the next few years."

The deputy First Minister Martin McGuinness said: "Japanese companies employ over 2,500 people in the north of Ireland and their growth and longevity is testimony to the Japanese culture and commitment to long-term sustainable investments.

"Japan remains the largest source of foreign direct investment to the north from Asia-Pacific through Fujitsu, Ryobi, JTI, Terumo BCT, Canyon and Kyocera. Tonight offers a useful opportunity to connect with the Japanese business community and attract further inward investment."

(IT/CD)