TOKYO, JAPAN — The Government of British Columbia has signed a three-year memorandum of co-operation (MOC) with a Japanese firm to improve infrastructure and transportation resilience.
The Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development, also known as JOIN, acts under Japan’s ministry of land, infrastructure, transport and tourism, according to a news release.
The deal was signed by Brenda Bailey, minister of jobs, economic development and innovation during a trade mission to Asia.
Under the agreement, the province and JOIN will explore transportation and technology investments in B.C., creating and optimizing infrastructure projects, urban development and transportation such as railways, ferries, ports and airports.
The MOC was originally signed in June 2022 with Bailey and JOIN renewing their partnership for the next three years.
“Renewing our agreement with JOIN supports a core mission in our StrongerBC Economic Plan, to build more resilient communities with modern infrastructure, better equipped to withstand the effects of climate change,” said Bailey in the release.
“We look forward to continuing to foster these relationships, while creating more good jobs and investment opportunities for British Columbians.”