MUFG Bank inks MOU with Western Australia on renewables

The agreement also cover the sectors of energy, agribusiness, education, tourism and manufacturing.

MUFG Bank has signed a memorandum of understanding with the Department of Jobst, Tourism, Science and Innovation (JTSI) of the Western Australian government to promote economic cooperation between the bank and the region.

The agreement covers the sectors of renewables, resources and energy, agribusiness, international education, tourism, and manufacturing.

It is expected to open up opportunities for Japanese companies looking for business opportunities in Western Australia.

Western Australia’s Minister for Jobs and Trade, Hon Roger Cook MLA said he looked forward to seeing the MoU facilitate new opportunities for economic cooperation between Western Australia and MUFG Bank.

“This MOU further strengthens our strong partnership in growing industries including renewable hydrogen, battery materials and technology” said Cook.