Japan’s SoftBank Plans To Invest $100 Billion In US Projects Over The Next Four Years.

TOKYO, JAPAN – DECEMBER 1, 2016: Person walks by SoftBank mobile phone network shop in Tokyo, Japan. There are 146.6 million mobile phones in use in Japan (2013).

PALM BEACH, Fla. (AP) — President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest $100 billion in U.S. projects over the next four years. Trump announced the planned investment Monday at his Mar-a-Lago resort with Son at his side, along with Howard Lutnick, head of investment bank Cantor Fitzgerald and Trump’s pick for commerce secretary. In a post on his Truth Social site last week, Trump said anyone making a $1 billion investment in the United States “will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.”