Racing circuit, resort ideas eyed for Osaka Expo site development

Osaka Mayor Hideyuki Yokoyama said Thursday the city and Osaka Prefecture have narrowed down the options for the future development of the 2025 World Expo site to a motor racing circuit and a water-themed resort facility.The local governments will formulate a basic development plan based on the proposals by the end of March and hold a tender to select contractors in the latter half of 2025.The racing circuit proposal was submitted by a group led by Obayashi Corp., while the resort idea was put forward by a group headed by Kanden Realty & Development Co.Obayashi's plan includes preserving pa…READ FULL ARTICLE