{"id":3482,"date":"2020-02-14T09:47:39","date_gmt":"2020-02-14T09:47:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=3482"},"modified":"2026-04-24T07:52:58","modified_gmt":"2026-04-24T10:52:58","slug":"osaka-budget-resort","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/osaka-budget-resort","title":{"rendered":"Osaka City reveals 2020 budget"},"content":{"rendered":"\n<p>Osaka publishes draft budget of JPY 1.77 trillion (US$90 billion) with funds set aside to host the 2025 World Expo and develop an IR.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.-  The city of Osaka gas published a draft budget of JPY 1.77 trillion (US$90 billon) and includes funds for hosting the 2025 World Expo and developing of an integrated resort in the region.<\/p>\n\n\n\n<p><strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/casino-osaka-plan-expo\">Osaka<\/a><\/em><\/strong> is one of the cities leading IR race in Japan. It already confirmed MGM resorts as its request for proposal (RFP) partner and plans to have completed construction of an IR before the Expo in 2025.<\/p>\n\n\n\n<p>\u00a0\u201cThis budget is made for Osaka\u2019s growth and to protect children. We want Osaka to continuously grow and to become an international city,\u201d Mayor Ichiro Matsui, said.<\/p>\n\n\n\n<p>The 2025 World Expo promotion budget increased 100% from the budget announced 12 months ago (US$3 million). Yumeshima, the artificial island in Osaka Bay that will serve as the location for the event.<\/p>\n\n\n\n<p>Matsui said that Osaka officials were not doing anything to <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/bribe-scandal-osaka-resort\">influence IR development policies in the country<\/a><\/em><\/strong> after a number of politicians were embroiled in a bribery scandal. <\/p>\n\n\n\n<p>\u201cIn the comings and goings of politicians, you need to take responsibility for your own actions. Receiving donations and putting it into your pocket instead of declaring it is a violation of the law,\u201d he said. <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Osaka publishes draft budget of JPY 1.77 trillion (US$90 billion) with funds set aside to host the 2025 World Expo and develop an IR.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Osaka has published a draft budget of JPY 1.77 trillion, allocating significant funds for the 2025 World Expo and the development of an Integrated Resort (IR). MGM Resorts is confirmed as Osaka's RFP partner, with construction targeted for completion before the Expo, amidst mayoral assurances regarding non-influence on IR policies following a bribery scandal.","focusai_entities":"MGM Resorts, Ichiro Matsui","focusai_location":"Osaka, Japan, Yumeshima","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IR Project Funding","query":"What specific line items within Osaka's JPY 1.77 trillion budget are directly allocated to the IR development, and what is the projected public-private funding split?"},{"label":"Regulatory Impact","query":"How might the recent bribery scandal influence the national IR regulatory framework or the timeline for final IR license approvals in Japan?"}],"footnotes":""},"categories":[160,28,16338],"tags":[473,470,707,2131],"class_list":["post-3482","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","tag-ir","tag-japan","tag-osaka","tag-resort"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3482"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3482\/revisions"}],"predecessor-version":[{"id":3522,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3482\/revisions\/3522"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}