Investment fund Dogan (Fukuoka City) has established the "MGX Fund" (MGX: Mobility Green Transformation) to invest in projects related to decarbonization in Kyushu. One of the fund’s main objectives is to support the decarbonization of the mobility industry, a major sector in Kyushu. The fund will consider a wide range of potential investments, targeting companies engaged in decarbonization efforts, including those based outside Kyushu. The fund, with a scale exceeding 1 billion yen and a duration of 10 years, will also support new developments and business transformations of mid-sized and small enterprises, including startups with advanced technologies. Fukuoka Prefecture has entered into a cooperation agreement with Dogan to assist in introducing investment opportunities. The fund aims to encourage the shift to electric vehicles (EVs) in Kyushu’s automotive industry cluster.