Nagasaki IR plan approved by Sasebo City Council, advancing to prefectural assembly

The final draft of the regional development plan for Nagasaki’s IR bid has been approved by the Sasebo City Council.

Passed by majority, with only a single vote against, the regional development plan will be submitted to the national government assuming approval by the prefectural assembly.

According to this plan, the total investment will be approximately JPY 440 billion (US$3.5 billion) with Kyushu Resorts Japan – the special purpose company established by planned operator Casinos Austria International Japan (CAIJ) – to develop the hotel and MICE facilities with an aim to open for business in autumn 2027. Annual sales are estimated to reach JPY 218 billion (US$1.72 billion) by the fifth year of operation and attract 6.73 million annual visitors, with an economic ripple effect of JPY 323 billion (US$2.56 billion).

Source: https://www.asgam.com/index.php/2022/04/18/nagasaki-ir-plan-approved-by-sasebo-city-council-advancing-to-prefectural-assembly/