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Ongoing Urban Redevelopment in Osaka
Sakishima Cosmosquare District
Panorama of district and transport access
Potential
Concentration of precision equipment and information and telecommunication companies
FANUC, Mitsutoyo, Seibu Jido Kiki, IBM Japan, Sumitomo Life Insurance Information and Telecommunication Center, Nomura Research Institute, NTT DoCoMo Kansai, Hitachi Zosen, Nihon Keizai Shimbun
- Abundance of green areas and pleasant waterfront environment
- Nanko Bird Sanctuary, Seaside Cosmo, Oﾕs Pier, Sakishima Canal
- Various cultural facilities and visitor attractions
- Zepp Osaka, ArtGrace Wedding Coast, Osaka Food's Outlet, INTEX Osaka, Osaka Maritime Museum, Osaka Prefectural Government Sakishima Building, ATC, Morinomiya University of Medical Sciences, Kongo Gakuen school, etc.
Development concept
Sakishima Cosmosquare District boasts a beautiful waterfront landscape and expansive green area which together constitute an ideal location.
Here, private-public efforts are underway to develop a new business center open to Asia, taking advantage of the long history of exchanges and trade between Asia and the Osaka Bay area, and the concentration of convention facilities and precision machinery and IT companies.
Advantageous international business environment
Close ties with the rapidly growing Chinese market
Convention facilities capable of accommodating events of all sizes
Concentration of exhibition space, large conventions, accommodation facilities, and places to eat and drink
- Hyatt Regency Osaka
- Cosmosquare International Education and Training Center
- Intex Osaka
- Osaka Prefectural Govemment Sakishima Building
- Asia and Pacific Trade Center (ATC)
| International convention facilities | seating up to 5,350 |
|---|---|
| Exhibition | 80,975m2 |
| Accommodation facilities | 820rooms |
| Restaurants | 63 |
| Parking space | 7,436vehicles |
Various business support programs
Substantial business support
Various public organizations are ready to offer information regarding market development, business-matching opportunities, and assistance in creating new industries.
- IBPC Osaka Network Center (Phone: +81-6-6615-5522)
Permanent venue to offer consultation on foreign business development and trading with foreign companies. - IBPC Osaka Investment Promotion Center (Phone: +81-6-6615-7000)
Consistent assistance in developing business environment and entering the Japanese market - Osaka Design Promotion Plaza (Phone: +81-6-6615-5510)
Training of designers and comprehensive support for design business - iMedio, The Software Industry Plaza (Phone: +81-6-6615-1000)
Facilities offering information services to expedite development and growth of the digital media industry
Incentive programs for foreign investment in Osaka
- Business Establishment Subsidies
- Osaka City Subsidy for New Business Establishments in Key Industries (Up to ｴ300 million)Subsidy to cover 5% of the construction and equipment cost
- Subsidy for Land Acquisition in Sakishima Cosmosquare (up to ｴ1 billion)Subsidy to cover 30% of the land acquisition cost
- Special Tax Incentive for Industry Clusters (Osaka Prefecture) (Up to ｴ200 million)Reduction of the real estate acquisition tax to half
The total of the subsidy can amount to a maximum of \1.5 billion.
- Fixed-term lease Tenancies in the Public Recreation Zone of the district are available on a fixed-term lease basis.
(*) Certain conditions must be met to be eligible for these incentives.
For more information, please inquire at the Waterfront Promotion and Development Division, the Port & Harbor Bureau, City of Osaka (Phone: +81-6-6615-7726).
