Trump and SoftBank to Announce $100 Billion US Investment Plan
Florida. President-elect Donald Trump is set to announce a $100 billion investment plan from Japanese tech giant SoftBank Group in US projects over the next four years.
Trump will join SoftBank CEO Masayoshi Son at his Mar-a-Lago resort on Monday to deliver the announcement, marking his first press conference since winning the election last month, according to sources familiar with the matter.
SoftBank, known for its Vision Fund investments in companies like Yahoo, Alibaba, and Nvidia, aims to drive significant technological and infrastructural growth through the massive investment.
In a post on his Truth Social site Tuesday, 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.”
“GET READY TO ROCK!!!” he added.
SoftBank has previously pursued high-profile investment opportunities in Indonesia. In 2020, the company expressed interest in contributing to the construction of Indonesia’s new capital city, Nusantara. Former Chief Investment Minister Luhut Binsar Pandjaitan claimed SoftBank was considering a $100 billion investment in the ambitious megaproject.
Masayoshi Son was even named a member of the capital project’s advisory board alongside UAE Crown Prince Mohammed bin Zayed and former British Prime Minister Tony Blair. However, SoftBank eventually withdrew from the project in 2022, with Luhut later admitting the proposal "was too good to be true."
Indonesia’s plan to relocate its capital from Jakarta to East Kalimantan, estimated to cost $33 billion, relies on a combination of state funding and private investment. SoftBank’s withdrawal created a financing gap, though the project remains a national priority. President Prabowo Subianto is scheduled to begin working from the new capital, Nusantara, in August 2028.
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