TOKYO: Tokyo’s 2020 Summer Olympics could boost the economy by as much as one percent with construction and tourism helping to fuel growth, the Bank of Japan said on Monday.

Investment in Olympic-related construction, including a new stadium, will total 10 trillion yen ($83 billion) by 2020, with a building rush peaking in 2018, according to a report from the central bank.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details