On February 24, 2022, the City of Kumamoto concluded a partnership agreement with Kumamoto Bank in order to provide financial and information support for community-based historical town development projects utilizing townhouses and other facilities in the priority areas (castle town and Kawashiri area) of the “Kumamoto Historical Town Development Plan (formulated in June 2020),” and held a partnership agreement conclusion ceremony the same day.

▲February 24, 2022: Ceremony of the Cooperation Agreement

The purpose of this agreement is to further strengthen and develop the cooperative relationship between the City of Kumamoto and Kumamoto Bank with regard to the historical town development in the castle town and Kawajiri area of the City of Kumamoto, and to provide financial support and information to help preserve and utilize historical resources such as town houses, as well as to revitalize the local community and promote tourism in the area. As a part of this agreement, we will firstly establish a “townhouse” in the area.

As part of the agreement, Kumamoto City Machiya Utilization Fund (Rekimachi Loan) will be established by Kumamoto Bank (to be launched in April 2022), and Kumamoto Historical Town Development Fund will be established by Kumamoto Bank and the Private Urban Development Promotion Organization (to be launched in March 2022). (to be established by March 2022) by Kumamoto Bank, Ltd.