NGO: New Exhibition Center to be built next to Runway

With New International Exhibition Halls on Airport Island, Aichi Hopes to Get Windfall Profit from 2020 Olympics

 

Prefecture of Aichi at central part of Japan including cities of Nagoya and Toyota, has agreed with both Nagoya Customs and Central Japan Airport to make the prefectural international exhibition arena at Centrair Nagoya international airport, scheduled to open in autumn 2019, the nation’s first permanent ‘bonded exhibition halls,’ meaning tax-free service for any exhibitors of the world.  Under the current tax and customs policy of Japan, even a temporary exhibition is regarded as import of goods and subject to 3-6% of customs except for completed automobiles and aircraft that are duty free but all of them are subject to 8%-consumption tax that can be refunded when they are unsold in Japan and taken back to home countries.

‘Bonded exhibition hall’ will offer no custom duty nor consumption tax status of all exhibitors to the arena, as incentive for them.

The new exhibition halls  to be built on the airport island will be as wide as 60,000 sq. meters (646,000 sq. feet) in all, consisting of 6 exhibition halls.

Aichi prefecture has announced its plan to construct the exhibition arena to be completed in 2019, a year before 2020 Tokyo summer olympic games when Tokyo’s existing exhibition centers will be used for the olympic games. Then, it is expected to call those events into Aichi and generating JPY150 billion (USD 1.3 billion) benefit to the local economy.

Buildings of the exhibition arena will be as simple as possible for shorter construction period and cost for more competitiveness to invite more events.

The airport island was all reclaimed off the coast and the Centrair airport is the biggest tenant of the island owned by the Aichi Prefecture. There is still a room for expansion on the island even after the proposed exhibition arena is completed.

Exhibitors can land of the airport and stay at one of the hotels on the island while attending international exhibitions.

Centrair, of Central Japan International Airport, is the nation’s gateway to the central part of the country and Boeing flies four flights to collect components of 787 including wings and fuselage for Washington state.