Japan has comitted $36 billion to the first three projects as part of a trade deal with the United States. The US Department of Commerce reports that these project announcements are a direct result of President Trump’s historic $550 billion deal with Japan, aimed at strengthening American national and economic security.
The first project, the Portsmouth Powered Land Project in Ohio, is a $33 billion natural gas facility generating 9.2 GW—the largest of its kind in the world—providing reliable, large-scale energy for American industry.
The second, a Deepwater Crude Oil Export Terminal in Texas, is a $2.1 billion project expected to generate $20–30 billion annually in US crude exports, boosting trade and energy dominance.
The third, a High-Pressure Synthetic Diamond Grit Facility in Georgia, costing $600 million, will onshore production of critical diamond materials essential for semiconductors, automotive, and oil & gas industries.
Together, these initiatives create thousands of American jobs, expand strategic industrial capacity, and reinforce the US as a global energy and manufacturing leader, with Japan providing the capital and the US building the infrastructure.
