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Community support pushing Chiba’s IR hopes forward

Newsdesk by Newsdesk
Fri 1 Jun 2018 at 07:24
Community support pushing Chiba’s IR hopes forward
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Increasing support from the local community has the Japanese prefecture of Chiba attracting increasing attention as a potential home for one of the country’s first integrated resorts, according to a new report by Bloomberg.

The news agency is reporting that the backing of local residents is one of Chiba’s primary selling points, with a coalition of companies in the prefecture pushing for an IR as a means of further diversifying its tourism offerings and boosting the local economy. Chiba is home to Tokyo Disneyland as well as Japan’s largest airport, Narita.

The supporting coalition wants to build a floating offshore island covering 534,000 square meters which would house the IR while also acting as a port for luxury cruise ships. The President of the coalition, Ikuo Kantake, has estimated that the project would take two years to complete and cost around US$590 million.

However, a lack of support from the local government – which is yet to offer any clear stance on the issue – has so far held Chiba back from pushing its case.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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