Global Trade Alert
Global Trade Alert

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Japan: Government announces further subsidies for Rapidus

Description

On 25 April 2023, the Minister of Economy, Trade and Industry announced its approval of the FY2023 budget plan of Rapidus Corp. and its decision to support the company with JPY 260 billion (USD 1.94 b...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Apr 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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