The European Bank for Reconstruction and Development has opened a new representative office in Tokyo to boost ties with Japanese firms and attract private-sector investment to regions it supports.
“I do believe we can do a lot more together with our Japanese friends,” EBRD President Suma Chakrabarti said at the office’s opening ceremony on Monday, adding that Japan will be a “bridgehead” to draw funds from Asia.
With the new representative office, the London-based EBRD will promote investment and lending by Japanese firms in such areas as Central Asia, where demand for infrastructure development is expected to grow.
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