“Ride Tokyo’s Momentum” was the theme of a recent Tokyo Metropolitan Government road-show to New York promoting FDI into Japan. Around 50 business owners and corporate CEOs/managers who have interest in advancing into Japan and people from related organizations participated in the seminar at the Nippon Club in Manhattan.
Yasuo Tatsuta, Senior Director, Tokyo Metropolitan Government, and Executive Director of the Japan Local Government Centre in New York, introduced Tokyo’s Governor Yoichi Masuzoe's who said that Tokyo welcomed all businesses to Tokyo that will be reinvigorated as it prepares to host the 2020 Olympic and Paralympic Games. This theme was underlined by Ambassador Sumio Kusaka, Consul General of Japan in New York, who said that in preparation for the 2020 Games, the national government and TMG are working together to transform Tokyo into a city that was even more attractive to the world.
Mio Kawada, Executive Director, Business Development & Public Relations, Japan External Trade Organization in New York, presented Japan's business advantages and government initiatives to double foreign direct investment in Japan by the year 2020. She emphasized that the efforts Japan is making, including deregulation, simplification of administrative procedures, and the lowering of corporate tax rates to below 30 percent.
Noriko Adachi, Director for National Strategic Special Zone, TMG, described the importance of Tokyo as a global business hub and its attractive features including its huge market, new opportunities, protection of intellectual property rights, premier living environment, and strong policies and support for foreign companies expanding business to Tokyo's special economic zone.
More details about TMG's support programs were presented by Shohei Mabuchi, Manager, Accenture Strategy, Accenture Japan Ltd., which has been commissioned by the TMG to implement the 2014 Invest Tokyo Program. He explained its free consulting services such as market research and analysis, and business partner identification.