From Cities to Startups: How Japan is Helping Shape Australia’s Future

As Australia positions itself to become a renewable energy superpower and strengthen domestic manufacturing, Japanese organizations are playing a pivotal role in shaping the nation’s economic future. Collaborative efforts between Japan and Australia are flourishing across diverse sectors, from urban development to clean energy and technological innovation.

Urban Renaissance Agency (UR) is supporting Japanese investment in Australia’s urban development projects. Since exchanging MOUs with New South Wales and Victoria in 2018 and 2024 respectively, UR has provided technical assistance and encouraged Japanese business participation. In October 2024, UR hosted a networking event that welcomed 35 Japanese and Australian private companies to further bolster investment opportunities.

Our investment business now connects to social issues such as the housing supply-demand gap, decarbonization, and fostering deep tech startups to address global challenges.

Susumu Handa, Chief Executive Officer of Daiwa Capital Markets Australia Limited

Daiwa Securities Group, celebrating its 40th anniversary in Australia in 2025, has expanded its focus beyond traditional investment banking. “Our investment business now connects to social issues such as the housing supply-demand gap, decarbonization, and fostering deep tech startups to address global challenges,” explains Susumu Handa, CEO of Daiwa Capital Markets Australia Limited.

In 2023, Daiwa Securities Group made a strategic investment in Main Sequence Ventures’ third fund to connect Australian deep tech startups with Japanese corporates and investors. “We see huge opportunities for collaboration in areas such as healthcare, food and agriculture, space, semiconductors, quantum technology, and AI, as both countries share these mutual interests,” Handa emphasizes.

Japan is anticipating further cooperation with Australia towards realizing global net-zero through efforts of transition.

Kazuhiro Suzuki, Japanese Ambassador to Australia

This partnership aligns with Australia’s Future Made in Australia policy, a government initiative aiming to advance domestic manufacturing and renewable energy initiatives to achieve net-zero targets. Ambassador Kazuhiro Suzuki highlighted the importance of this collaboration, noting, “Japan is anticipating further cooperation with Australia towards realizing global net-zero through efforts of transition.”

We are leveraging Japan’s industry strengths to capitalize on Australia’s growing market.

Cash Ishikawa, Managing Director of Sumitomo Australia Pty Ltd.

Sumitomo Corporation has also strengthened its foothold in the Australian market, forming a joint venture with Mirvac Limited to develop the Highforest Project, a luxury residential development in Sydney. “We are leveraging Japan’s industry strengths to capitalize on Australia’s growing market,” says Managing Director Cash Ishikawa, pointing to the country’s projected population growth as a key driver for investment.

As economic landscapes shift and global challenges mount, partnerships between Japan and Australia continue to pave the way for sustainable growth and shared innovation.

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