May 17, 2019
The Ministry of Economy, Trade and Industry (METI) gave a consent to one basic plan that a municipality newly prepared in collaboration with related ministries and agencies and submitted to METI under the Act for Fortifying the Foundation for Development and Growth of Regional Areas by Promoting Leading Projects for Regional Economy (Act No. 40 of 2007; hereinafter referred to to as the “Regional Future Investment Promotion Act”). METI will continue to strive to encourage municipalities’ creation of leading projects for invigorating regional economies across Japan.
1. Outline of the Regional Future Investment Promotion Act
The Regional Future Investment Promotion Act aims to support efforts by municipalities that intend to focus on economic ripple effects brought about by regional projects taking advantage of their regional characteristics and to enhance such effects to the maximum extent possible.
If municipal governments of cities, towns, villages and prefectures wish to receive such support, they should prepare and submit a basic plan under the basic policy shown by the government and receive consent for the plan from the government. In response, a regional business will formulate and submit a plan of a leading project for invigorating the regional economy under the basic plan with the consent to the municipality in charge, and the governor of the prefecture will approve the plan. Following the approval for the plan of the leading project by the governor, the government will support the leading project in collaboration with the prefecture.
2. Outline of the basic plan to which METI gave consent this time
METI gave consent to one basic plan as below submitted by a municipality under the Regional Future Investment Promotion Act before the end of March 2019.
Municipality submitted one basic plan to which METI gave consent:
- Hyogo Prefecture
This plan targets all areas across the prefecture.
Current state of the basic plans of municipalities to which METI gave consent, including the plan above:
Note: METI gave consent to 228 basic plans submitted by municipalities in 47 prefectures, including the plan mentioned above.
■The following municipalities formulated the basic plans targeting all areas across the prefecture:
Aomori Prefecture, Iwate Prefecture, Miyagi Prefecture, Akita Prefecture, Yamagata Prefecture, Fukushima Prefecture, Ibaraki Prefecture, Tochigi Prefecture, Gunma Prefecture, Saitama Prefecture, Chiba Prefecture, Tokyo, Kanagawa Prefecture, Niigata Prefecture, Yamanashi Prefecture, Nagano Prefecture, Shizuoka Prefecture, Gifu Prefecture, Aichi Prefecture, Mie Prefecture, Toyama Prefecture, Ishikawa Prefecture, Fukui Prefecture, Shiga Prefecture, Hyogo Prefecture, Nara Prefecture, Wakayama Prefecture, Tottori Prefecture, Shimane Prefecture, Okayama Prefecture, Hiroshima Prefecture, Yamaguchi Prefecture, Tokushima Prefecture, Kagawa Prefecture, Ehime Prefecture, Kochi Prefecture, Fukuoka Prefecture, Saga Prefecture, Nagasaki Prefecture, Kumamoto Prefecture, Oita Prefecture, Miyazaki Prefecture, Kagoshima Prefecture, and Okinawa Prefecture.
Note: These approved basic plans include those prepared for multiple areas or multiple fields in one municipality, respectively, or those jointly prepared by some municipalities in one prefecture.
■Prefectures in which some municipalities formulated their own basic plans:
- Hokkaido Prefecture:
Sapporo City, Hakodate City / Hokuto City / Nanae Town, Otaru City, Asahikawa City, Asahikawa City / Higashikagura Town / Higashikawa Town, Muroran City, Kushiro City / Shiranuka Town, Obihiro City, Kitami City, Iwamizawa City, Tomakomai City, Biei City / Naie Town, Ashibetsu City, Ebetsu City, Akabira City, Monbetsu City, Nayoro City, Chitose City, Takikawa City, Sunagawa City, Furano City, Noboribetsu City, Eniwa City, Kitahiroshima City, Ishikari City, Tobetsu Town, Mori Town, Niseko Town, Niki Town, Yoichi Town, Moseushi Town, Numata Town, Takasu Town, Kamikawa Town, Higashikawa Town, Kamifurano Town, Nakafurano Town, Minamifurano Town, Shimokawa Town, Tsubetsu Town, Shari Town, Takinoue Town, Otofuke Town, Memuro Town, Nakasatsunai Village, Taiki Town and Akkeshi Town.
- Kyoto Prefecture:
Kyoto City, Miyazu City / Kyotango City / Ine Town / Yosano Town, Kameoka City, the Nantan region, Kizugawa City, Kumiyama Town, Wazuka Town and the Yamashiro region.
- Osaka Prefecture:
Osaka City, Sakai City, Kishiwada City, Suita City, Suita City / Settsu City, Izumiotsu City, Takatsuki City, Moriguchi City, Yao City, Neyagawa City, Kashiwara City, Kadoma City, Higashiosaka City and Tadaoka Town.
Note: For more information on these plans, visit the METI website for this initiative.
3. Outline of support measures under the Regional Future Investment Promotion Act
If a business receives approval for its leading project for invigorating the regional economy by the governor of the prefecture, the business is entitled to take advantage of support measures for tax or financial incentives provided by the government. For more information on these measures, visit the related website here.
Note: See the middle section of the webpage titled “Support measures for leading projects for invigorating regional economies.”
Division in Charge
Regional Business Innovation Promotion Division, Regional Economic and Industrial Policy Group