OFA Group Enters Public-Private Sounding Survey for 3.71-Hectare Naarai Port Green Space, Expanding Its Development Footprint in Choshi
Key Highlights
- ➤3.71-hectare Naarai Port green space enters public-private market sounding survey
- ➤OFA’s Naarai participation is preliminary and carries no selection, award or agreement
- ➤Music Park development awaits Choshi City’s official confirmation
- ➤OFA (OFAL) will join Choshi’s closed-format session on October 22, 2026
Expert Statements
Larry Wong, Chief Executive Officer of OFA Group
“Entering this sounding survey reflects our long-term commitment to Choshi and our ambition to grow beyond a single site”
Larry Wong, Chief Executive Officer of OFA Group
“We look forward to the City’s confirmation of the Music Park development and to a constructive dialogue with Chiba Prefecture and Choshi City on the future of the Naarai Port waterfront.”
Participation in Chiba Prefecture and Choshi City’s joint market dialogue extends OFA’s potential scale in Choshi beyond a single site
Choshi, Chiba Prefecture, Japan, Oct. 19, 2026 (GLOBE NEWSWIRE) -- OFA Group (Nasdaq: OFAL) (“OFA” or the “Company”) today announced that it has entered the market sounding survey for the Naarai Port Green Space Utilization Project (名洗港緑地活用事業) in Choshi City, Chiba Prefecture, Japan. The survey covers approximately 3.71 hectares of coastal green space owned by Chiba Prefecture and Choshi City, which the two governments intend to plan and utilize as a single integrated area.
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