Linear Maglev Construction Cost Increased by 4 Trillion Yen, Twice the Original Estimate

TOKYO, Oct 30 (News On Japan) - JR Central announced that the construction cost of the Linear Chuo Shinkansen between Shinagawa and Nagoya is now expected to increase by 4 trillion yen from the previously planned 7 trillion yen, bringing the total to 11 trillion yen.

The company attributed 2.3 trillion yen of the increase to rising material and labor costs, while an additional 1.2 trillion yen will be used to address the challenges of constructing tunnels through mountainous areas. This marks the second cost revision for the project, with the total now roughly double the original estimate made in 2014.

Source: テレ東BIZ

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