{"id":777006355,"date":"2023-06-16T06:52:03","date_gmt":"2023-06-16T09:52:03","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777006355"},"modified":"2026-04-22T20:56:18","modified_gmt":"2026-04-22T23:56:18","slug":"nagasaki-prefecture-still-hopeful-of-ir-approval","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/nagasaki-prefecture-still-hopeful-of-ir-approval","title":{"rendered":"Nagasaki prefecture still hopeful of IR approval"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Authorities believe there is still a chance of getting approval from Japan&#8217;s national government.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Japan.- The government of Nagasaki Prefecture has said it remains optimistic about&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/nagasaki-ir-plans-still-waiting-for-approval\" target=\"_blank\">the approval of its integrated resort (IR) proposal<\/a>&nbsp;by the national government. In the prefectural assembly&#8217;s first question-and-answer session in its current session, which runs from June 9 to July 4, officials said they believed the IR will be approved. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nagasaki <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/japan-only-2-locations-submit-ir-proposals\" target=\"_blank\">submitted its IR District Development Plan<\/a>&nbsp;alongside Osaka\u2019s last year, but while Osaka&#8217;s has been approved, Nagasaki&#8217;s proposal is still being evaluated by the Japan Tourism Agency and the Ministry of Land, Infrastructure, Transport and Tourism.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The prefecture has outlined<strong> a fundraising goal of JPY438.3bn (US$3.8bn) <\/strong>for a project located at the Huis Ten Bosch theme park in Sasebo with <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/nagasaki-chooses-casinos-austria-as-ir-partner\" target=\"_blank\">Casinos Austria International Japan<\/a> as its partner. It had wanted to open the IR by 2027.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Financial arrangements for the scheme involved institutions including Credit Suisse, CBRE, and Cantor Fitzgerald Securities Japan Co. However, some concerns have been raised about the consortium&#8217;s stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Authorities believe there is still a chance of getting approval from Japan&#8217;s national government.<\/p>\n","protected":false},"author":176,"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":"Nagasaki Prefecture maintains optimism for national government approval of its JPY438.3bn integrated resort (IR) proposal, despite delays compared to Osaka's approved project. The plan, partnered with Casinos Austria International Japan and involving major financial institutions, is under evaluation by the Japan Tourism Agency and the Ministry of Land, Infrastructure, Transport and Tourism, with concerns noted regarding the consortium's stability.","focusai_entities":"Nagasaki Prefecture, Osaka, Japan Tourism Agency, Ministry of Land, Infrastructure, Transport and Tourism, Casinos Austria International Japan, Credit Suisse, CBRE, Cantor Fitzgerald Securities Japan Co.","focusai_location":"Japan, Nagasaki, Osaka, Sasebo","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (0.9), payments_fraud_aml (0.7), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Consortium Stability Impact?","query":"What specific concerns regarding the Nagasaki IR consortium's stability are being evaluated by the Japan Tourism Agency, and how might these impact the project's financial viability and regulatory approval timeline?"},{"label":"Nagasaki vs. Osaka IRs?","query":"Beyond the approval timeline, what are the key differences in the proposed governance frameworks, financial structures, and gaming verticals between Nagasaki's and Osaka's IR projects that might explain the disparate regulatory outcomes?"}],"footnotes":""},"categories":[157,16338],"tags":[23632],"class_list":["post-777006355","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006355","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=777006355"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006355\/revisions"}],"predecessor-version":[{"id":777006397,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006355\/revisions\/777006397"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777006355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}