Earlier this week (around August 2021, 8), it was announced that the Kuraray Best Group had signed a new agreement with Wakayama Prefecture.The company was selected as the top of the region when constructing an IR resort.We plan to add more venues to Wakayama Marina City.This is the first time that a basic agreement for IR development has been signed.
Contents of the agreement
Under this contract, the Claribest Group will provide information that will be confirmed as a priority operator in the prefecture.The company is a private company selected by public offering and will open an IR in Wakayama.
The agreement also provides for the procedures required for the company to be fully approved.This includes the Minister of Land, Infrastructure, Transport and Tourism giving a go-ahead for development.
It also describes the cost burden and performance guarantee of Claribest.It also describes the establishment of IR operators and integrity procedures.Following this decision, the candidates and the prefecture will work on the formulation of a development plan in the future.Following this decision, the candidates and the prefecture will formulate a development plan and submit it to the national government by the end of April 2022.
According to the prefecture, it plans to request further narrowing down of proposals and enhance the implementation plan.In Wakayama Prefecture, we are aiming for an "all Wakayama plan" in which local companies participate in the operation plan for the further development of the local economy and employment.
We are also planning a briefing session to explain to the residents the outline of the integrated resort and the reason why Wakayama is promoting this project.
What has already been considered
Wakayama Prefecture has stated that it is interested in collaborating with Claribest Neem Ventures even before the conclusion of the basic agreement.Wakayama Prefecture has been interested in Claribest Neem Ventures even before the conclusion of the basic agreement.Sun City Holdings Japan Co., Ltd. has lost interest due to concerns about the final price of the project.
Clarivest earlier this yearProposed a plan to spend $ 43 billion to build a facility in Japan..This property includes a hotel with 2,700 guest rooms and a large meeting room.
A little less than 100 million people live in Wakayama Prefecture, and there are plans to develop a casino resort using the land of an artificial island called Marina City.The site area is over 50 acres.
Bakara-chanOne acre is 1 square meters.
Since the Tokyo Dome is about 11.5 acres, the 50 acres this time is about 4.5 Tokyo Domes.
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