Costs for JR Central's Chuo maglev soar due to challenging construction

摘要

CENTRAL Japan Railway (JR Central) has confirmed an increase in construction costs for the Chuo Shinkansen of Yen 1.5 trillion ($US 13.7bn) taking the total cost of the 286km Tokyo - Nagoya project to Yen 7.04 trillion. JR Central says it is necessary to revise the funding plan for construction and sound project management to continue despite the deteriorating business environment caused by the Covid-19 pandemic. It highlights several specific factors for the cost increase, including challenging construction work at the Shinagawa and Nagoya terminal stations, which is responsible for Yen 500bn of the cost increase.