Yokohama is truly an international city with a long history of welcoming foreign visitors and businessmen to the city and enjoys pre-eminent status as a leading international trade port in Japan. It has a strong business environment and gathers businesses of various sizes and industries from world class enterprises to small and medium sized companies with advanced technologies. Yokohama’s industrial belt, covering the east and continuing to north of the city along the Tokyo Bay has an amalgamation of manufacturing companies such as electrical equipment, machinery and automobiles and is well known worldwide. The city also has a strong economic base in the shipping, logistics, information communication technology, biotechnology, and semiconductor industries. It has the highest concentration of biotech companies and R&D facilities in entire Japan. Because of its proximity to Tokyo, various economic and trade activities between the two cities are interlinked.
The City of Yokohama, in an effort to develop and integrate bio-related industries, has been developing the Yokohama Science Frontier and has stablished “Yokohama Joint Research Center”, “Leading Venture Plaza” and “Yokohama Bio Industry Center (YBIC) in this area. New Cooperation and new business opportunities will be expected amount the companies in the facilities. Also located in the Yokohama Science Frontier is the famous world-class RIKEN Yokohama Institute.
To promote urban development and create a new business network taking advantage of the concentration of IT companies near Shin-Yokohama, regular meetings by local companies are held mainly to update information.
The government of Yokohama City supports the foray of foreign businesses to Yokohama by offering a variety of incentive programs to attract these companies. Incentives are provided to companies that are active in designated industries and to those that open new offices, manufacturing sites or R&D facilities, or move their headquarters from another city in Japan to Yokohama. Financial support as part of these incentive programs include subsidies provided for office rent and tax reductions, and the maximum amounts offered are based on subsidy programs and specific businesses. Companies which are eligible for the incentive programmes, depend on criteria such as size of company, amount of investment in Yokohama and the number of new jobs created.
Other than financial support, Yokohama also provides infrastructure support and other facilities to foreign-affiliated companies seeking to start business in the city. Yokohama World Business Support Centre run by the Yokohama City Government is located in the Minato Mirai area and extends assistance to foreign affiliated firms, such as-
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Yokohama is Japan’s most internationalized city, and it is a world leader in international hospitality. It is one of Japan’s leading convention sites. The Yokohama Convention & Visitors Bureau (YCVB) possesses experienced expertise in welcoming meetings and incentive tours, and it provides diverse assistance to maximize the motivational benefits of incentive events.
Yokohama Convention & Visitors Bureau (YCVB) is a non-profit organization mainly funded by the City of Yokohama to provide customized support for organizers of conventions, exhibitions, incentive tours, and other events. YCVB assists companies in planning at the early stages and securing maximum support and best results for events.
The Yokohama Convention & Visitors Bureau furnishes the following kinds of operational support.
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