The Cabinet Office said Wednesday it will submit a fiscal 2003 budget request of 1.93 billion yen related to the establishment of a new university featuring a graduate school curriculum focusing on natural sciences in Okinawa in 2007.

The overall budget for Okinawa development sought by the office has risen 16.4 percent from the current fiscal year to 370.78 billion yen, of which 327.61 billion yen will be allotted toward public investment.

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