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Tuesday, November 19, 2013

Tokyo Fails To Get Builders For Tsukiji Fish Market Replacement

Above, workers at the present Tsukiji Fish Market in 2010.  Photo by Armand Vaquer.

In what can only be seen as a setback in building a new fish market to replace the Tsukiji Fish Market in Tokyo, the Tokyo Metropolitan Government failed to get any builders for the new project.

According to Bloomberg Businessweek:
The Tokyo Metropolitan Government failed to find builders for a new market in Tokyo Bay to replace Tsukiji, the world’s biggest fish market, amid rising material prices and demand for higher wages. 
Three projects for the new fish market, worth a combined 63 billion yen ($630 million), failed to find takers among bidding groups led by Taisei Corp. (1801), Kajima Corp. (1812) and Shimizu Corp. (1803), according to statements on the local government’s website today. 
 The present fish market facility was built in 1935 and is a major tourist attraction in Tokyo.

To read the full story, go here.

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