Nago 5.56

Nago is a city located in the northern part of Okinawa Island, Okinawa Prefecture, Japan. As of December 2012, the city has an estimated population of 61,659 and a population density of 288 persons per km2. Its total area is 210.30 km2.HistoryNago Castle was built in the 14th century and served as the home of the Aji of Nago Magiri. Nago had always been one of the major settlements in Northern Okinawa, and a major port along with Unten. Nago Magiri became Nago town in 1907. Nago was upgraded to city status on August 1, 1970 with the merger of nine smaller towns and villages.Nago hosted Expo '75 in a park which utilized a monorail train to move tourists to each exhibit. Its most popular exhibit was the Japanese Floating City; similar to an oil rig, the city floated on large pontoons which allowed it to be moved. If the city was threatened with a typhoon, it would move close to shore, fill the pontoons with sea water and sit on the ocean floor for more stability. The city was self sufficient, and used the ocean floor for cultivating seaweed and other edible plants. Nago also hosted the 26th G8 summit in 2000.Nago established itself as a tax haven for financial companies in 2002, following the example of Dublin, Ireland. The Nago Multimedia Building was established as the core of this zone, with various subsidies for foreign financial firms to establish offices there.