Regarding the issue of construction work on an integrated resort (IR) including a casino next to the venue being halted during the 2025 Osaka-Kansai Expo, the head of the Expo’s international organization has requested that a response be made by the end of September. On the other hand, Osaka Prefecture and City are concerned that the suspension could result in a burden of over 10 billion yen for the IR operator. They are reluctant to suspend the event for the entire duration of the Expo and are exploring alternatives. (Chart) Major remarks regarding the pros and cons of IR construction during the Expo: “We are in the final stages of making adjustments, but there is no specific time frame.” When asked at a press conference on the 4th when the problem would be resolved, Osaka Governor Hirofumi Yoshimura avoided making a clear statement. On top of that, they indicated their intention to continue holding discussions with the Japan Association for the World Exposition (Expo Association), IR operators, and the government. The Expo will be held for six months starting in April next year on Yumeshima, an artificial island in Osaka Bay (Osaka City). Next to the venue, liquefaction countermeasure work has begun for the integrated resort facility that the prefecture and city are attracting and aiming to open around autumn 2030. Construction of the main facility is scheduled to begin around next spring. However, the Bureau International des Expositions (BIE) and business leaders have expressed concern about the negative impact the construction work will have on the Expo due to noise and a deterioration of the landscape. They requested that construction be halted during the event. According to a source, Bie’s de… (The following is a paid version, 797 characters remaining) Asahi Shimbun, September 5, 2024, 6:00 a.m.
I guess it’s compensation for the construction workers who were captured. They’re practically criminals, so why not just give them paint thinner? They’re stupid.
If they force him to quit, the burden will increase even more, so the Ishin Party’s approach is to bring up fictitious benefits like “if we continue as is, we can save 10 billion yen.” It would be better to quit even if it means paying 10 billion yen.
The Tokyo Olympics were basically paid for by the citizens of Tokyo, but I wonder if the Osaka Expo will be borne by not only the citizens of the prefecture but also the people of Japan. I feel uneasy about having to go along with this poor management.
After the Restoration Party is gone, the people of Osaka will be saddled with huge debts and will have to go through hell, but that will be their own fault for continuing to choose the Restoration Party.
Secretary-General Kerkentzes said, “The Expo must not disrupt other projects,” and expressed the view that IR construction would be possible during the event if concerns about noise and other issues were resolved. The prefecture, the Japanese government, and businesses are currently discussing how to respond in order to gain the association’s understanding. “I’ve heard that businesses are very cooperative and understand the importance of the Expo,” Kerkentzes said, predicting that concrete measures will be finalized as early as September.
If construction is halted and the project isn’t completed on time, the IR developer can withdraw without paying any penalty, which is exactly what the casino opponents want.
>>41 Expo side: It is a promise not to cause any disruption to the operation of the Expo, I only heard about it in June without any explanation, keep your promise IR side: The application is based on the premise that construction will continue during the Expo, they must have known from the beginning, keep your promise Neither side is at fault, and they said they had no idea that something like this would happen Osaka: “…” (They seem to be struggling to respond, so they avoid making any comments).
Osaka is full of things like this. They’re counting their chickens before they hatch, and they’re carrying out this chain of redevelopment. All the redevelopment in Osaka right now is a bubble tied to the momentum of the Expo Casino redevelopment. If the Expo Casino fails, it will cause a chain reaction of failure.
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