Feature 1: PFI at Hyakugo Bank
PFI Initiatives at Hyakugo Bank
We are working to revitalize PPP and PFI projects in Mie Prefecture together with the Cabinet Office and municipalities in Mie Prefecture.
Establishment of Mie Public-Private Partnership Platform
As local economies are expected to shrink due to the declining population, there are concerns over the continuity of public services, and PFI is gaining attention for leveraging the expertise and capital of the private sector in public works, in order to ensure that services are maintained at a certain level.
As the deployment of PFI is all the more vital in the regional society where population decline is expected to accelerate, municipalities and enterprises in such a setting need to accumulate expertise and experience regarding PFI.
In November 2017, we established the Mie Public-Private Partnership Platform with the assistance of the Cabinet Office, Mie prefectural government, and every municipality in Mie Prefecture. This platform provides a forum for municipalities and private enterprises to gather, hold dialogues, and share local information and expertise.
We held three seminars targeting municipalities and private enterprises, with a total of 176 participants.
The seminars strive to create a more effective dialogue between public and private sectors through group work on such topics as public services and functions to be provided and means of improving facilities, using planned public works projects as subjects for the seminar.
＜Group work at a seminar＞
An opportunity for municipalities and private enterprises to exchange views is very valuable, and an extremely lively exchange of views took place through group work. As a regional bank, we will act as a creator of locally rooted businesses and continue these activities to create as many concrete projects as possible.
Ryota Imura, Regional Revitalization Division
