NEC to construct innovation building for $236 mn

NEC announced its plans to construct a global base for innovation near Tokyo at a construction cost of roughly 33 billion yen or $236 million.
NEC Innovation Building
NEC Innovation Building (provisional name) will have 12 stories above ground with floor area of approximately 50,000 square meters. NEC will start the construction in March 2023 and complete in June 2025.

The building is scheduled to be used by approximately 4,700 people belonging to organizations, such as the Global Innovation Unit, that are involved in the creation of innovation, including the development of technologies and new business development at NEC.

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