Updated on July 26, 2013
Tokyo Metropolitan Government successfully attracts the first company to the Special Zone for Asian Headquarters
The Tokyo Metropolitan Government, in the course of its activities aimed at attracting foreign companies to the Special Zone for Asian Headquarters, has successfully invited Ikaros Solar nv (hereafter referred to as Ikaros) to the Special Zone. Based in Belgium, Ikaros is Europe’s largest photovoltaic solutions provider, with broad-ranging operations from the design, installation and management of photovoltaic systems to financing support.
With the support of the Tokyo Metropolitan Government, Ikaros considered selecting business partners in Japan and other matters, and decided to advance into the Japanese market by establishing a joint venture with Rising Corporation in the Special Zone.
This is the first case for a foreign company to establish its Asian regional headquarters or R&D center under the Special Zone for Asian Headquarters project.
What is the Special Zone for Asian Headquarters?
- Areas where the Tokyo Metropolitan Government is implementing a new project to attract foreign companies to Tokyo
- Goal: To attract 500 foreign companies or more by fiscal 2016, including 50 companies establishing their Asian regional headquarters or R&D center
*This is a priority project of the Tokyo Metropolitan Government, which has been designated in the 2013 Action Program for Tokyo Vision 2020 as coming under the following goal and policy:
Goal 5: Put Tokyo on a new track to growth by raising industrial power and the allure of the city.
Policy 12: Shape Tokyo into Asia’s top business hub by cultivating industries that will support Tokyo’s development.
Asian Headquarters Special Zone Section
Headquarters of the Governor of Tokyo