Britain and Japan launch £30 million project to fund cutting-edge technology

Keiligh Baker's picture

Britain and Japan are launching a joint £30 million project to fund cutting-edge technology to boost innovation and create high-skilled jobs.

The move was announced on yesterday before Japanese Prime Minister Shinzo Abe's arrived in London today.

The two nations will collaborate on medical research, robotics and the use of data, with £30m pledged in initial funding.

An official statement from the prime minister's office said that researchers from Britain and Japan will explore designing robotic systems for the ageing populations, finding new treatments for chronic conditions like dementia and heart failure and new forms of greener transport and energy storing.

Downing Street said wider adoption of such technology could create 175,000 new jobs and boost the UK manufacturing sector by £455bn over the next decade

Prime Minister Theresa May said that the UK and Japan are facing many of the same challenges and also immense opportunities.

Britain will also vow to increase the number of combined exercises between the defense forces of the two countries and "strengthen maritime co-operation", according to the statement.

"As the UK prepares to leave the European Union, we raise our horizons towards the rest of the world," May said.

During Abe's visit, the two leaders will attend a briefing chaired by Security Minister Ben Wallace and also discuss Brexit.