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Tokyo’s hosting of Olympics to boost Japan’s economy - business circles

Tokyo was chosen to host the 2020 Olympic and Paralympic Games ahead of Istanbul and Madrid winning a final round of voting by IOC members

Photo EPA/CHRISTOPHER JUE

Photo EPA/CHRISTOPHER JUE

TOKYO, September 8 (Itar-Tass) - The awarding of the 2020 summer Olympic Games to Tokyo will undoubtedly give a fresh impetus to Japan’s economic growth and improve mood of its citizens, the chairman of Japan Business Federation, Hiromasa Yonekura, said.

Japan’s opportunity to host the 2020 Olympic Games “will improve mood of the Japanese people, bring courage and hope to residents of the regions affected by the great earthquake,” Yonekura said adding that the Olympics would become a catalyst of the country’s economic recovery and would provide Japan with the opportunity to seize the moment for Tokyo to renovate, to improve its infrastructure and to see influx of tourists.

Tadashi Okamura, Chairman of the Japan Chamber of Commerce and Industry, noted that “economy will certainly revive with the Olympic Games.”

“We need to act in an original and inventive way for guests of the Olympic Games to be able to enjoy Japan’s beauties, cuisine and hospitality,” said Yasuchika Hasegawa, Japan Association of Corporate Executives.

Tokyo was chosen to host the 2020 Olympic and Paralympic Games ahead of Istanbul and Madrid winning a final round of voting by International Olympic Committee (IOC) members in Buenos Aires on Saturday.

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