START A PETITION 25,136,189 members: the world's largest community for good
START A PETITION
x
Jul 26, 2013

Newport International Group, Tokyo eyes economic boost with Olympics

Real estate markets will boom and Tokyo Bay will be redeveloped if the Japanese capital wins the right to host the 2020 Olympics, a senior business leader told investors Wednesday.

Toyota Motor honorary chairman Fujio Cho said the already busy city would become even livelier if the sporting extravaganza came to town.

“It’s certain that real estate markets will be quite active” if Tokyo’s bid is successful, he told members of the American Chamber of Commerce in Japan.

“Without doubt, the Tokyo Bay area will be redeveloped on a large scale.

“In terms of road-building, there are many places where ring roads are not complete just because of small sections that have not yet been constructed.

“If the Olympics are to be hosted here, I think there will be a big boost in morale among Japanese people, which will enable the construction and completion of such projects,” he said.

Tokyo is competing with Istanbul and Madrid for the right to stage the Games, with the final decision set to be made by the 100-strong International Olympic Committee at a meeting in Buenos Aires on September 7.

While many large Asian cities are throbbing with construction projects as their economies surge, there are few cranes standing over the Japanese capital these days.

The investment boost that hosting the Games could bring would be a welcome fillip for Japan, whose economy has struggled for much of the last two decades.

It would also dovetail well with a renewed push by the government to turn things around, with lavish public spending promised for infrastructure projects.

Source:

http://www.journalhome.com/newportgroup/429915/newport-international-group-tokyo-eyes-economic-boost-with-olympics.html

Visibility: Everyone
Posted: Friday July 26, 2013, 11:19 pm
Tags: eyes group international tokyo warning with olympics newport economic boost [add/edit tags]

Group Discussions
Comments
Or, log in with your
Facebook account:

Author

Ed K.
male ,
USA
ED'S SHARES
No shares


SHARES FROM ED'S NETWORK
No shares


MORE MEMBER BLOGS
Mar 31
Blog: How to Extend the Life of your TRIAD Boilers by Kayleigh L.
(0 comments  |  discussions ) — \\nHow to Extend the Life of your TRIAD Boilers \\r\\n \\r\\nCorlis Engine Review\\r\\nEvery user desires to prolong the life of a unit. TRIAD assists their clients in achieving this important objective by informing them of ways they can avoid problems... more
Feb 27
Blog: Dr Oz Weight Loss - The 100% Natural And Very Efficient Diet Pill by Debra S.
(0 comments  |  discussions ) — \\nYes, Dr. Oz called Garcinia Cambogia Extract (HCA) the Holy Grail of Weight Loss. He went on to say, “Anytime I see a scientist get this excited about something like Garcinia Cambogia Extract and when I looked through some of this research and... more
Blog: My Favorite Websites by krysta I.
(0 comments  |  discussions ) — \\nIFAW: www.ifaw.org\\r\\nOCEANA www.oceana.org\\r\\nPETA: www.peta.org\\r\\nEARTH 911: www.earth911.org\\r\\nANI MALs ASIA: www.animalsasia.org\\r\\n \\r\\n\\r\\n\\n more
Feb 21
Blog: testing one two three by Geoff M.
(0 comments  |  discussions ) — hello world more
Blog: Garcinia Cambogia Reviews From Actual People Garcinia Pure Extract Is A Huge Success February 20 by Dany M.
(0 comments  |  0 discussions ) — \\nGarcinia Cambogia Reviews From Actual People Garcinia Pure Extract Is A Huge Success February 20\\r\\nGarcinia Cambogia System The Dr. Oz Lose Weight Quick Process Without Having Side Effects\\r\\nHe went on to say, “At any time I see a researcher... more
 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.