Construction of the Linear Chuo Shinkansen line is expected to experience difficulties as 86 percent of the 286-kilometer line between Tokyo and Nagoya runs through tunnels.
"We'll overcome [difficulties] with new technology," Central Japan Railway Co. (JR Tokai) President Yoshiomi Yamada has said. However, many problems remain to be solved.JR Tokai announced Wednesday details of the route and stations of the magnetic levitation (maglev) train line, which is scheduled to start services in 2027.
Construction of the Linear Chuo Shinkansen line between Tokyo (Shinagawa) and Nagoya is estimated to cost about ¥5 trillion, and another ¥4 trillion will be necessary to extend the line to Osaka. JR Tokai will shoulder the entire cost. "The project won't pay for itself," Yamada said.
If the line is built based on the law for Shinkansen railways development, JR Tokai will be able to receive a subsidy from the government. However, because new Shinkansen lines in other areas will be constructed first, JR Tokai decided to build the linear Shinkansen line at its own expense.
"If we wait for public funds, we'll never be able to start the construction," a JR Tokai official said.
However, the cost to construct the Linear Chuo Shinkansen line is too much for the company, which has to make major renovations to its Tokaido Shinkansen line. JR Tokai also has long-term debt that it inherited from the now-defunct Japanese National Railways.
Therefore, JR Tokai decided to build the maglev train line in two stages. The company will first start services between Tokyo and Nagoya and then begin to extend the line to Osaka after it regains financial strength.
Source: NewsOnJapan
Construction of the Linear Chuo Shinkansen line between Tokyo (Shinagawa) and Nagoya is estimated to cost about ¥5 trillion, and another ¥4 trillion will be necessary to extend the line to Osaka. JR Tokai will shoulder the entire cost. "The project won't pay for itself," Yamada said.
If the line is built based on the law for Shinkansen railways development, JR Tokai will be able to receive a subsidy from the government. However, because new Shinkansen lines in other areas will be constructed first, JR Tokai decided to build the linear Shinkansen line at its own expense.
"If we wait for public funds, we'll never be able to start the construction," a JR Tokai official said.
However, the cost to construct the Linear Chuo Shinkansen line is too much for the company, which has to make major renovations to its Tokaido Shinkansen line. JR Tokai also has long-term debt that it inherited from the now-defunct Japanese National Railways.
Therefore, JR Tokai decided to build the maglev train line in two stages. The company will first start services between Tokyo and Nagoya and then begin to extend the line to Osaka after it regains financial strength.
Source: NewsOnJapan
