{"id":777000933,"date":"2022-12-12T12:41:06","date_gmt":"2022-12-12T15:41:06","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777000933"},"modified":"2026-04-23T02:08:53","modified_gmt":"2026-04-23T05:08:53","slug":"osaka-governor-confident-that-ir-could-open-by-2029","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/osaka-governor-confident-that-ir-could-open-by-2029","title":{"rendered":"Osaka governor confident that IR could open by 2029"},"content":{"rendered":"\n<p>Despite delays in approval from central government, Hirofumi Yoshimura says Osaka&#8217;s IR would still be able to open \u201cbetween autumn and winter of financial year 2029&#8243;.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.- Osaka governor Hirofumi Yoshimura has told press that despite a &#8220;prolonged examination&#8221; of the IR District Development Plan by the national government, he is confident an integrated resort could still open \u201cbetween autumn and winter of financial year 2029&#8243;.<\/p>\n\n\n\n<p>There have been fears that <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/osaka-and-nagasaki-ir-developments-could-open-later-than-expected\" target=\"_blank\">if approval for Osaka and Nagasaki\u2019s integrated resort plans is delayed<\/a>&nbsp;beyond 2022, the IRs may not meet their respective opening targets of 2029 and 2027. <strong>Noboyuki Baba<\/strong>, an Osaka MP with the Innovation Party, has <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/mp-urges-japanese-government-to-approve-osaka-ir-before-the-year-is-out\" target=\"_blank\">asked the government to approve Osaka&#8217;s IR District Development Plan<\/a>&nbsp;by the end of the year.&nbsp;<\/p>\n\n\n\n<p>Osaka submitted its bid in April with MGM Resorts International and ORIX as partners. In November, Osaka mayor&nbsp;<strong>Ichiro Matsui&nbsp;<\/strong>said the prefecture was asked to<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/osaka-asked-to-submit-more-documents-to-support-ir-proposal\" target=\"_blank\">&nbsp;submit a series of documents<\/a>&nbsp;detailing how it was going to resolve issues around its bid.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite delays in approval from central government, Hirofumi Yoshimura says Osaka&#8217;s IR would still be able to open \u201cbetween autumn and winter of financial year 2029&#8243;.<\/p>\n","protected":false},"author":176,"featured_media":15307,"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's Governor Hirofumi Yoshimura remains confident that the Integrated Resort (IR) project, a partnership with MGM Resorts International and ORIX, can still commence operations in late 2029 despite ongoing delays in central government approval. The \"prolonged examination\" of the IR District Development Plan has raised concerns, with calls for expedited approval to meet the targeted operational timeline.","focusai_entities":"Hirofumi Yoshimura, Noboyuki Baba, Ichiro Matsui, MGM Resorts International, ORIX, Innovation Party","focusai_location":"Japan, Osaka, Nagasaki","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.85), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Impact","query":"What specific regulatory or governance framework issues are causing the central government's prolonged examination of Osaka's IR District Development Plan?"},{"label":"Financial Implications","query":"How might a continued delay in IR approval impact the projected capital expenditure and the internal rate of return for MGM Resorts International and ORIX?"}],"footnotes":""},"categories":[157,16338],"tags":[23632],"class_list":["post-777000933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000933","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777000933"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000933\/revisions"}],"predecessor-version":[{"id":777000965,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000933\/revisions\/777000965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15307"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777000933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777000933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777000933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}