Important Investment Insight from MLIT Grand Design 2050
Did you know that the Ministry of Land Infrastructure Transport and Tourism (MLIT) announced the “National Development Plan Grand Design 2050” this July? This report indicates how the population of regions nationwide will change by 2050 while looking ahead to society’s rapidly progressing depopulation. According to this report surprisingly many regions even within the 23 wards of Tokyo will become depopulated in the long-term. Since the forecasts are by MLIT this information is very likely to be used in future infrastructure development across Japan. In addition we believe the report is a useful reference for long-term real estate investment.