Aug 09, 2019 17:05 JST

Source: Mitsubishi Corporation

Notice of Signing Basic Agreements for Airport Operation of the Seven Airports in Hokkaido

TOKYO, Aug 09, 2019 - (JCN Newswire) - On August 9, 2019, the consortium comprised of 17 companies, Hokkaido Airport Terminal Co., Ltd (acting as the representative company), Mitsubishi Estate Co., Ltd., Tokyu Corporation, Development Bank of Japan Inc., North Pacific Bank, Ltd., The Hokkaido Bank, Ltd., Hokkaido Electric Power Co., Inc., The Sankei Building Co., Ltd., Japan Airlines Co., Ltd., ANA Holdings Inc., Mitsui Fudosan Co., Ltd., Mitsubishi Corporation, Iwata Chizaki Inc., Doshin Service Center, Dentsu Inc., Taisei Concession Co., Ltd., and Sompo Japan Nipponkoa Insurance Inc. (hereinafter, the Hokkaido Airports Group) has entered into a Basic Agreement for the Airport Operation of the Seven Airports in Hokkaido (hereinafter, the Project) with the Ministry of Land, Infrastructure, Transport and Tourism (hereinafter, MLIT), Asahikawa City Government, Obihiro City Government, and Hokkaido Government (collectively referred to as the Four Administrators). The Hokkaido Airports Group had been selected as the Preferred Negotiation Right Holder by the Four Administrators on July 3, 2019.

The core objective of the Project is to stimulate the regional economy of Hokkaido as well as marketing and promoting tourism encompassing all of Hokkaido, while prioritizing safety and security, developing core functions of all the seven Hokkaido airports to operate as international gateways, and promoting Hokkaido-wide tourism as a joint effort with local municipalities and communities.

In accordance with the Basic Agreement, the Hokkaido Airports Group will prepare for establishing an SPC and entering into the Project Agreement going forward. Further announcements on the progress will be made in the future while consulting with related parties.

Contact:
Mitsubishi Corporation
Telephone:+81-3-3210-2171
Facsimile:+81-3-5252-7705
Source: Mitsubishi Corporation
Sectors: Engineering

Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


First Shipment of LNG from the LNG Canada Project
July 01 2025 10:00 JST
 
Mitsubishi Corporation to Invest and Enter into a Business Partnership with DEScycle Ltd., a UK Company Developing Innovative Metal Recycling Technology
June 02 2025 13:35 JST
 
Mitsubishi Corporation Establishes New Corporate Venture Capital Company
May 30 2025 17:36 JST
 
Mitsubishi Corporation makes DennoKotsu an equity-method affiliate company, strengthening efforts to address regional transportation challenges
April 11 2025 09:39 JST
 
Mitsubishi Corporation to Participate in Demonstration Project for New Hydrogen-Based Ironmaking
April 09 2025 17:22 JST
 
Mitsubishi Corporation Announces Corporate Strategy 2027
April 04 2025 08:04 JST
 
Mitsubishi Corporation: Development of R&D Hub "iPark Kobe" in Kobe Medical Industry City
April 01 2025 13:16 JST
 
Mitsubishi Corporation, ADM Sign Non-Binding MOU, Form Strategic Alliance
March 28 2025 15:29 JST
 
Start of Joint Study on Integrated Power and Data Center Business in Ohgishima area in Keihin District
March 26 2025 13:31 JST
 
Hokkaido Electric Power Corporation and Mitsubishi Corporation Establish a Joint Venture "Hokkaido Renewable Energy Aggregation Co., Ltd."
March 13 2025 12:26 JST
 
More Press release >>

Latest Press Release


More Latest Release >>