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Japan govt to help build 50 luxury hotels

The Japanese government will help the private sector build 50 luxury hotels that would appeal to foreign tourists. (AFP/File)
The Japanese government will help the private sector build 50 luxury hotels that would appeal to foreign tourists. (AFP/File)
07 Dec 2019 09:12:18 GMT9
07 Dec 2019 09:12:18 GMT9

Mashiki, Kumamoto Pref.,

The Japanese government will help the private sector build 50 luxury hotels that would appeal to foreign tourists, Chief Cabinet Secretary Yoshihide Suga said Saturday.

 The government hopes to see "new world-class hotels at some 50 locations" by supporting hotel development projects through a loan program included in a new economic stimulus package, Suga told reporters.

 Japan does not have enough hotels with suite rooms good for affluent visitors, Suga told reporters during his visit to Mashiki, Kumamoto Prefecture, southwestern Japan, hit by powerful earthquakes in April 2016.

"We'll offer financial aid through the Development Bank of Japan using a fiscal investment and loan program in order to support hotel development," he said.

Jiji Press

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