Local News

Fukuoka Prefecture Aims for International Finance Hub Status

Fukuoka Prefecture has laid out its fiscal year 2024 budget, amounting to 2.1321 trillion yen, marking a 3% decrease from the previous year. The budget emphasizes bolstering the international financial sector, aspiring for recognition as a “Financial and Asset Management Special Zone” by the government. This includes extending promotional efforts to North America, beyond its current focus on Asia, with an allocation of 106.21 million yen for related expenses. Additionally, the budget prioritizes advancements in the semiconductor field and addresses declining birthrates through enhanced support measures, indicating a strategic approach towards sustainable development and innovation to make Fukuoka an attractive destination for people and businesses. Source: Fukuoka Prefecture

Fukuoka Prefecture Aims for International Finance Hub Status

Stay informed with the latest Fukuoka & Kyushu news and events in English. Sign up for our free weekly newsletter today and never miss a beat. Opt out anytime, your privacy is our priority. Get the inside scoop with The Now

Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using this form.

Fukuoka Prefecture
Published: Feb 16, 2024 / Last Updated: Feb 16, 2024

Comments are closed.