First Step in Calculating ILC Economic Benefits: Iwate ILC Promotion Council Committee Meeting

The original article was published in the Iwate Nippo. Read the original here.

On February 8th, Iwate Prefecture ILC Promotion Council (Chairman Kunihisa Yamura) held the first meeting of the Innovation/Economic Ripple Effect Survey Committee at a hotel inside Morioka City. The committee will analyze the various benefits anticipated to happen within Iwate from realizing the ILC, aiming to give momentum to the Japanese’s government decision on inviting the ILC.

The committee was attended by seven members. Iwate Prefectural University President Atsuto Suzuki was chosen as chairman, and Iwate ILC Promotion Council vice chairman Tetsu Tamayama was chosen as vice chairman.

The committee will do a wide-ranging analysis including, besides ILC construction and consumption activities, industrial concentration, expanded use of forest, agricultural and marine products, and demand for tourism and international conferences. Innovation will also be considered, with calculations made for the economic benefits of the approximately 30 years between the construction stage until after the ILC is operational.