Japan’s manufacturing hub Aichi bets on Asian Games to drive growth despite soaring costs
Asia-Pacific1 source1 country🔦 Under-reported19m ago
Japan's manufacturing prefecture of Aichi is moving forward with hosting the Asian Games, betting that the multi-sport event will drive significant regional economic growth.
This economic push comes despite the prefecture's budget for hosting the Games having more than tripled from its initial estimates. Despite the soaring costs, local authorities project that the event will ultimately generate trillions of yen in economic benefits.