An 18-hectare parcel of undeveloped forest in Kumamoto Prefecture that once had a lofty goal of being a silicon valley-type IT hub is now up for sale for just 12.49 million Yen (approx. US$80,000). This is about 1/38th of what the prefecture had invested into it.

With the Taiwan Semiconductor Manufacturing Company (TSMC) opening its first of two factories in Kikuyo, a 45 minute drive away, there is optimism that the semiconductor boom could propel the sale.

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