Buoyed by the success of phase one of Marunouchi Indian Economic Zone in Tokyo, Japan’s Mitsubishi Estate has announced the opening phase two of the project and is already in talks with several Indian companies.
Around 100 Indian companies have shown interest for the project, which aims at fostering business for firms from both India and Japan seeking to enter one another’s respective markets.
“We have talked to several companies. Around 100 companies have shown interest to set up office in Marunouchi Indian Economic Zone phase two in Tokyo,” Mitsubbishi Estate managing partner Katsunori Tanaka said.
For this, the global real estate solutions provider has collaborated with Tokyo-based Sun and Sands, which specialises in Indo-Japanese business relations and Deloitte Tohmatsu Consulting.
“The success of phase one of this project, comprising 600 square metre where six Indian companies have set up their representative offices, encouraged us to enter into phase two of this business,” Tanaka said.
The company has a total of 4,615 square metre space available. However, the space for phase two will depend on demand.
Along with the space, Mitsubishi Estate offers a host of services, like business consultancy and assistance in accounting and taxes, recruitment, interaction with key persons through network among others, he said.