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Project Dejima is for real: Financial Services Agency to Announce ‘District’ for Foreign Businesspeople Near Tokyo Station

May 19, 2007
By Ken Worsley


Back on May 5, we posted on a rumor that had surfaced in the Yomiuri that reportedly had the newly-founded Urban Renaissance Headquarters, chaired by Prime Minister Shinzo Abe, and the Financial Services Agency planning to work together to develop a “district where overseas businessmen can go about their day-to-day lives speaking English.”

Today, the Nikkei is reporting that the rumor is in fact moving reality, and that Financial Services Minister Yuji Yamamoto will be making a formal announcement sometime next week to introduce the plan.

The goal, of course is to boost Tokyo’s profile as an international financial center.

Can you smell the amakudari in the air? Mmm…smells like a mix of cash and hair oil.

Filed Under Finance, Foreigners, Japan 

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BizCast Japan #3 Released: Airlines, Keidanren, Tourism and the Foreign Financial District
Tokyo Losing Ground as a Financial Centre!

Comments

2 Responses to “Project Dejima is for real: Financial Services Agency to Announce ‘District’ for Foreign Businesspeople Near Tokyo Station”

  1. Pellegrini on May 25th, 2007 1:30 am

    “Mmmm…smells like a mix of cash and hair oil”

    …and halitosis.

  2. Subprime buyins: Nomura at Lehman’s, Mitsubishi at Morgan Stanley Japan Economy News & Blog - Business, Economy, Marketing and Economic Reports on September 23rd, 2008 12:47 am

    […] week (Remember them? Chaired by former Prime Minister Shinzo Abe, the Urban Renaissance Agency were leading the operation to build a foreigner-friendly financial district in Tokyo). Nomura will now manage the issue of these […]

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