[JP] JR Tokai to increase Maglev investment by 3% to 350 billion yen

[Miss Maglev]

JR Tokai to increase Maglev investment by 3% to 350 billion yen in FY2024.

JR Tokai announced its capital expenditure plan for 2024 on 28 March 2024. The linear central Shinkansen Maglev line being built between Tokyo/Shinagawa and Nagoya will require an investment of 350 billion yen, an increase of 3% from the figure planned for FY23.

Land acquisition and tunnel construction will continue, as will the construction of maglev vehicle stock depots in Kanagawa and Gifu prefectures.

Source: https://www.nikkei.com/article/DGXZQOFD ... 0C2000000/ 2024-03-28