Central Japan Railway will Spend to Railway Operations on 2010

Central Japan Railway is investing a total of $3.4 billion in railway operations and infrastructure improvements over the fiscal year 2010, including expanding Shinkansen lines and improving safety measures.

March 30, 2010 10:54 am | Last Update: August 11, 2015 11:00 am

Central Japan Railway plans to invest ¥308bn ($3.4bn) in railway operations for the fiscal year 2010.

The Japanese railway operator is expected to earmark ¥110bn ($1.2bn) to ensure safe and reliable transportation, according to tradingmarkets.com.
It plans to shell out ¥95bn ($1bn) to expand its Shinkansen high-speed train and improve its Tokaido Shinkansen line.
Magnetic levitation operations, including extending the Yamanashi test line, have been allocated ¥49bn ($529m).
The company capital spending will be increased by 3% to ¥328bn ($3.5bn) for rolling stock manufacturing businesses.
Apart from this, an extra amount has been kept aside for plans to build high-speed rail networks overseas.

Source : TradingMarkets.com

TAGS: Central Japan Railway budget, Central Japan Railway investments, Central Japan Railway railway operations, japan railway companies

railwaynews

Railway infrastructure, rolling stock and transport technologies specialist focused on global rail industry developments, high-speed rail systems, signaling technologies and freight transportation. Covering railway investments, public transport modernization, rail operations and international mobility projects across Europe, Asia and North America.