Niki Chau Fwu Group and Casinos Austria International have presented their IR plans to the Nagasaki Prefectural Government. Oshidori International Holdings has withdrawn from the race.
Japan.- Two of the final three contenders have presented their integrated resort plans to the Nagasaki Prefectural Government. Niki Chau Fwu Group and Casinos Austria International shared their visions with eight committee members and responded to questioning.
Nagasaki is due to select its final candidate this month. The prefecture will make a submission to national government by 2022 in its bid for permission to develop an integrated resort.
The successful IR partner will have to pay JPY158m (US$1.5m) for the request for the proposal process and JPY10m (US$92,000) for a background check.
Oshidori quits IR race
One of the contenders, Oshidori International Holdings, has pulled out of the bid process arguing that the prefecture’s demands are “unreasonable.”
The company said: “The restrictions imposed by Nagasaki Prefecture are unreasonable, and at present, it is not possible to conduct business rationally and effectively.”
It added that it was “only interested in participating in a process that has the highest integrity, and that is professional, transparent, and based on merit.”
In July, Niki Chau Fwu Group, announced a partnership with Hazama Ando Corp; Okumura Corp; and Tanigawa Kensetsu Co Ltd, three construction firms.
In June, an anti-IR group called Stop Casino! Prefectural Citizens Network collected 10,416 signatures against the construction of an integrated resort in Nagasaki.