Indian Prime Minister Manmohan Singh– File Photo

TOKYO: India's Prime Minister Manmohan Singh is set to sign deals for infrastructure projects worth $15 billion on a visit to Japan this week, a report said Wednesday.

The trip, which starts Thursday, will see the Indian premier hold talks with his Japanese counterpart Yoshihiko Noda and lunch with Japanese business leaders, said officials at the foreign ministry and industry lobby Keidanren (Japan Business Federation).

A total of 19 infrastructure projects worth 1.2 trillion yen will benefit from the deals, which will involve Japanese manufacturers and trading houses, the Nikkei business daily reported.

The agreements will be signed at summit talks between Singh and Noda on Friday, the paper said.

Japan has been trying to expand diplomatic and economic ties with India in recent years against a backdrop of India's burgeoning economy and growing unease over China's rising clout.

A bitter territorial row over islands in the East China Sea is the latest episode to add weight to calls for Japan to form stronger partnerships with India as a counterbalance to Beijing's might.

Last month, Japan and India held talks between foreign and defence vice ministers “on wide-ranging issues such as Japan-India bilateral relations as well as global and regional issues”, foreign ministry officials have said.

Tokyo and New Delhi last week launched the Japan-India Cyber Dialogue framework to discuss counter-terrorism, with senior officials of both countries exchanging “views on such areas as national security issues, cybercrime, information security and system protection,” they said.

The infrastructure projects to be announced Friday will include seawater desalination, effluent processing and power generation in western India, where major Japanese companies such as Hitachi and Mitsubishi Corp will participate, the Nikkei said.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Editorial

Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...
Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...