Wakayama Prefecture sets up dedicated IR policy team

The Wakayama Prefectural Government has established an eight-member team to work full-time on the project of bringing an IR to the Marina City location. Governor Yoshinobu Nisaka told reporters that more staff members might be added to the team from next April 1. The new IR team is being provided its own room to work from.

The Wakayama RFI process has just concluded, and an immediate task for the new team will be to analyze the reports that have been delivered by 33 companies. Together with their advisory firm EY, they will compile a new comprehensive report by March of next year.

Although many analysts doubt Wakayama’s chances of winning one of the three IR licenses available, Governor Nisaka has proven to be second-to-none among Japanese political leaders in energetically pushing forward his prefecture’s bid.