Business trend:
Tokyo Metro, the
subway company in the Tokyo Metropolis, will extend operational support on
urban railway to Vietnam.
The company will establish an overseas subsidiary in Hanoi
to give support on operation management and human resource development for the
urban railway that Vietnam
constructs in Hanoi
within the month. Tokyo Metro will invest 90% and Japan International Consultants for Transportation that is a subsidiary of JR East invests 10%. Japan International Cooperation Agency (JICA) will give financial support. Tokyo
Metro will dispatch about 10 staffs to the overseas subsidiary to provide
Japanese know-how on the integrated management of a railway network and safety
operation.
The subsidiary will
work on the urban line in Hanoi
scheduled to start operations in the spring of 2015. Hanoi plans to open five urban railway lines
by 2020. Because three countries of Japan,
France, and China will
construct the lines, specifications of overhead wiring and signal system vary
with the line. Tokyo Metro currently operates nine subway lines with a total
length of about 200 km in Tokyo,
and it has accumulated know-how on operation and management on railways
networks in a big city.
The world railway
market is expected to grow 2.5% annually by 2020 to 22 trillion yen.
Especially, the Asian and Western Europe are
the two big markets, each of which will grow to 6 trillion yen by 2010. Japanese
railway companies are making strenuous efforts to get orders from overseas
markets. JR Tokai, the operator of Tokaido Shinkansen, is trying to get an
order from the U.S.
with its linear motor car. JR East established its Belgium
office last November and will establish an office in Singapore coming Mach.
A subway line in Tokyo
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