NAGASAKI
Nagasaki Prefecture is located on the island of Kyushu and is made up of the mainland and hundreds of islands which dot the coastline. The prefecture has a population of 1.3m and Nagasaki City is the capital and largest city whilst tourist destinations include the
Shimabara peninsula with active volcano Mount Unzen in the centre.
Historically, Nagasaki was the only port which permitted foreign trade during the Edo Period when Japan shut down its borders between 1639 and 1853. At that time everything flowed through Nagasaki and this has influenced culture and architecture in the prefecture today.
Nagasaki boasts a beautiful coastline, spas and nature resorts and is a key tourism spot. However, the population is decreasing due to the outflow of youngsters to metropolitan areas.
Nagasaki is a prime location for an IR development mostly because of its geographical proximity with Asia and existing tourism appeal. Tere are five international airports within a 2.5 hour drive from the IR area and more than 330 cruise ships arrive at the ports in the prefecture annually.
Land at the Huis Ten Bosch theme park at Sasebo City has been designated at the candidate site for the IR. Huis Ten Bosch is Japan’s largest theme park which replicates a Dutch village from the 17th century with a developed area of 152 hectares. It opened back in 1992 and includes four hotels, retail, restaurants and park areas including Jurassic Island. It can attract up to three million tourists per year with direct transportation links from the marine terminal and airport.
Te IR plans will include MICE facilities with a capacity of 6,000 in the largest meeting room and more than 12,000 in total plus exhibition space, entertainment, hotel and casino.
Te impact of the IR resort is estimated to ripple in Kyushu with between 6.9m and 9.3m tourists, with up to ¥810bn in construction investments creating up to 840,000 construction jobs plus up to ¥420bn in operation costs and creating jobs in operation for up to 360,000 people.
Te Nagasaki Prefecture launched its RFP on P150 WIRE / PULSE / INSIGHT / REPORTS
January 7 2021. Governor Hodo Nakamura said the prefecture wanted to start its operator recruitment process as soon as possible after the national government released its Basic Policy.
Te prefecture said it would accept applications from operators for initial screening until January 28 whilst the planned schedule is to select and conclude a basic agreement with an operator by autumn this year. Te operator selection schedule has been set for March 1 2021 with the results by August 2021.
Tere are five known candidates for this bid: Casinos Austria International, Hong Kong based Oshidori International Holdings, a consortium comprising of Current Corp and Get Nice Holdings and Tokyo listed Pixel Companyz Inc, and the Niki and Chyau Fwu (Parkview) Group, whilst it has been estimated that the capital investment in the Nagasaki IR will be between ¥350bn and ¥460bn (US$3.2bn and US$4.2bn).
IR project and a spokesperson said: “It is too premature to make any assessment about the potential chances/outcome in this RFP process which is still overshadowed by the global pandemic and its potential impact on future tourism.”
Te Niki is a division of Niki Club, which previously ran NIKI Resort, a nature resort located in Nasu, whilst Chyau Fwu (Parkview) Group is part of Taiwanese construction company Chyau Fwu, which has experience in MICE and is currently building a ski resort in Hokkaido’s Niseko.
Meanwhile, Current Corp of Japan (a subsidiary of Shotoku Rinaldo Corporation/SRC) and Genius Wise Holding Ltd (a subsidiary of Get Nice Financial group) signed a joint venture for the Nagasaki IR. Get Nice previously held a 65 per cent stake in Macau’s Grand Waldo Hotel and Casino (now the Broadway) which was sold
Te impact of the IR resort is estimated to ripple in Kyushu with between 6.9m and 9.3m tourists, with up to ¥810bn in construction investments creating up to 840,000 construction jobs plus up to ¥420bn in operation costs and creating jobs in operation for up to 360,000 people.
Pixel Companyz is a fintech and renewable energy company which has reached an agreement with French operator Groupe Partouche. Pixel Companyz recently developed the Pixel Casino Platform which passed standards via Macau’s Gaming Inspection and Coordination Bureau to develop and sell casino gaming machines under the trade name Pixel Games
CAI has yet to reveal any definite plans for the to Galaxy Entertainment back in 2013.
SRC has a history of business in Japan involving healthcare, medical equipment and gaming related business in Asia. Te two companies signed a Memorandum of Understanding last year which was extended in September by six months following delays in the IR process. Under the terms of the MOU, Genius Wise Holdings will form a joint venture with Current Corp to develop the IR in Nagasaki.
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