Citi and the government of Kyoto Prefecture have reached an agreement in order to support the industrial growth and globalisation.
The agreement signed today, “The Memorandum of Comprehensive Collaboration concerning Kyoto Prefecture’s Industrial Development and Globalization”, aims to facilitate mutual cooperation between Citi and the prefectural government of Kyoto in various areas, including industrial development and innovation, international promotion of local culture and related businesses, and next-generation community development including the smart city initiative.
Per the agreement, Citi will work closely with Kyoto Prefecture on the development of financial strategy, funding, offshore industrial expansion, and other agendas by leveraging the bank’s financial expertise and know-how as well as a global network that covers more than 160 countries.
Citi has a proud 115-year history of commitment in Japan. Since opening its first branch in Yokohama in 1902, Citi has helped corporate and institutional clients to capture global opportunities. Moving forward, Citi will provide innovative, tailor-made financial solutions to support the growth and progress of Kyoto, a region famed for its history and tradition.