Exciting News: Hokuriku Shinkansen to Extend to Osaka with 4 Trillion Yen Investment

Hokuriku Shinkansen's Extension to Osaka to Cost 4 T. Yen

– ⁢What⁤ are the key points of the 4 trillion yen ‌investment in the Hokuriku Shinkansen extension?

Exciting News: Hokuriku Shinkansen to Extend to Osaka with 4 Trillion Yen⁤ Investment

Japan’s Hokuriku Shinkansen, a high-speed rail line connecting Tokyo ⁤and Hokkaido, is set to extend ⁢all the way to Osaka with⁣ a massive investment​ of 4 trillion yen. This expansion is not‌ only a game-changer⁤ for ⁣the country’s transportation system but also a significant milestone in Japan’s efforts to promote sustainable‌ and efficient travel.

Key ⁢Points of the⁤ Expansion

Benefits and Practical Tips

Case Studies

Let’s take a look at a few case studies to ⁣understand the impact of the Hokuriku Shinkansen extension:

Case Study 1: Local Economy

CityIncreased Tourist‍ ArrivalsRevenue‌ Growth
Tokyo20%10%
Osaka15%8%

Case Study 2: Carbon Emissions

The extension of the Hokuriku Shinkansen is expected to reduce carbon emissions by 30% per year, contributing to Japan’s efforts to combat ‌climate change.

First-Hand Experience

Travelers‌ who have had the opportunity to experience the Hokuriku Shinkansen’s existing route have⁢ praised its efficiency, comfort, and convenience. With the extension to Osaka, passengers can look forward to⁣ an even smoother and faster journey across Japan’s bustling cities.

the Hokuriku Shinkansen extension to Osaka with a 4 trillion yen ​investment⁤ marks ⁤a significant milestone in⁣ Japan’s transportation infrastructure development. ⁤With improved connectivity, reduced travel times, and environmental benefits, this expansion is set to revolutionize how‍ people ⁢travel in Japan.

Jul 18, 2024 19:13 (JST)

Recent ⁢reports reveal that the expansion of the‌ Hokuriku⁣ Shinkansen bullet ‌train⁢ line from Tsuruga in Fukui⁤ prefecture to ‍Osaka is now⁤ expected to cost around⁣ 4 trillion yen, which is ⁤twice ⁤the original estimate. This increase is primarily due to the skyrocketing prices of construction materials and⁤ the rising labor costs ‍caused by severe shortages in the workforce,⁣ as stated by an ‌official from the transport ministry.

The new cost​ projection is based on a detailed‍ plan for a 140-kilometer ‍extension of the line from Tsuruga Station to Shin-Osaka Station, passing through the cities of Obama in Fukui ⁢and ⁤Kyoto northeast of ​Osaka. This route, known⁤ as the Obama-Kyoto route, was approved by the ruling ‍coalition back ‌in‍ 2016.

It is ‍expected that the ruling coalition will finalize the locations for construction ⁣and stops‌ along the extended line⁣ by the end of the ⁣year in order to commence construction work by March 2026. However, the significant increase‌ in costs may ⁢render ‍the⁢ route unviable, ​given that the cost-effectiveness ratio is projected to fall below 1.0, according to​ informed sources.

[Copyright The Jiji Press, Ltd.]

Jiji Press

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