This study highlights Osaka prefecture's inner area regeneration policy which has been pursued as a part of the urban regeneration policies in metropolitan areas and analyzes how public-private partnership induces cooperation between both sectors and ...
This study highlights Osaka prefecture's inner area regeneration policy which has been pursued as a part of the urban regeneration policies in metropolitan areas and analyzes how public-private partnership induces cooperation between both sectors and serves to facilitate their pursuit for urban regeneration in view of policies. The research outcomes reveal: first, to smoothly seek an urban regeneration policy in a metropolitan area, they avoided unilateral pursuit of projects by the public but established public-private partnership so as to build consensus and cooperation among stakeholders. In case of the inner area regeneration in Osaka prefecture, public-private partnership was established at all stages of the project to promote further development of the project; Second, it is also found that the public sector helped the private sector to carry out the project without a problem and supported them in various aspects to ensure the private sector made reasonable decisions; Third, the urban regeneration policies were organically linked between the central and local governments and it in turns allowed a supporting system between different layers of the governments. Based on the findings, the study suggests policy implications of the public-private partnership for urban regeneration in a metropolitan area.