The government will scrap a clause aimed at capping foreign ownership of operators of the country's major airports from its draft bill to revise the airport law and submit it to the current Diet session, government sources said Thursday.
The move comes amid heavy criticism that such regulation would stifle overall foreign investment in Japan.
The bill's revision also reflects fierce debate among lawmakers over whether to limit the stake held by overseas investors to less than one-third in the operators of Narita, Kansai and Chubu international airports and the Haneda airport terminal buildings.