The government will promote deregulation in Tokyo to tap private-sector money for developing social infrastructure ahead of the 2020 Summer Olympics, sources close to the matter said Friday.
Prime Minister Shinzo Abe is planning to designate the capital as a special economic zone under his policy package to stimulate growth, including incentives for investment in building facilities for the sports event as well as transportation infrastructure.
The government also named education minister Hakubun Shimomura to double as state minister in charge of the Olympics.