POSTED: September 12th 2012

NewsUpdate

Tokyo 2020: Japan gets top rankings on World Economic Forum Global Competitiveness Index

LAURA WALDEN / Sports Features Communications

September 12 – The World Economic Forum Global Competitiveness Index has judged Japan in the top ten of their annual list of the world’s most competitive countries/economies according to their yearly report. There are three Asian entities in the top ten including Singapore and Hong Kong.

Tsunekazu Takeda, International Olympic Committee (IOC) member and head of the bid as well as the Japanese Olympic Committee, said, "I am very pleased to see that Japan's excellent and consistent performance in a variety of areas are honoured in the World Economic Forum's Global Competitiveness Report."

The results underlined a number of factors about the country’s 'major competitive edge in business sophistication and innovation.' And places Japan in pole position for its "Capacity for innovation" and "Degree of customer orientation” and these are important for the Tokyo 2020 bid.

Takeda added, "Innovation is embedded in our plans for hosting the Olympic and Paralympic Games in 2020, so we are happy to see a third-party as reputable as the World Economic Forum herald Japan's capabilities. Visitors to Tokyo today see innovation at its best, and in 2020 innovation will continue to come alive."

"The Global Competitiveness Report results clearly support the Bid's commitment to deliver a dynamic and spectacular celebration for the 2020 Olympic and Paralympic Games. We will deliver a world-class experience to visitors from one of the world's most forward-thinking cities in the world.”

The fact that Japan received the top ranking for 'Degree of Customer Orientation' is proof of the high regard for services and hospitality to visitors.

The report assess the competitive landscape of 144 economies giving insight into their productivity and prosperity. The World Economic Forum is a highly regarded organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

Keywords · Tokyo 2020 · Summer Games · World Economic Forum · Tsunekazu Takeda · Global Competitiveness Index

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