Business
trend:
Four
leading JRs, such as Central Japan Railway and East Japan Railway, will ally to
export Japanese advanced railway technologies. They will establish an
organization to integrate Japanese high-speed railway standards to make them acceptable
in the global market next April and will ask countries planning to construct
high-speed railway networks, such as the U.S. and Great Britain, to participate
in the organization. The world railway infrastructure market that includes rolling
stock cars and parts will increase 20% over the current level to 22,000 billion
yen in 2020. The leading three companies in the world market are Bombardier of Canada, Alstom of France, and Siemens of Germany.
The
big three sets up standards of high-speed railways that allow existing railway
trains and freight trains to travel, whereas Japan wishes to sell a high-security
high-speed railways system that uses a specialized railway track. Japan has only
1% share in the world market because it supplies only rolling stock cars and
equipment, whereas the big three can supply operating systems besides supplying
maintenance of trains and improvement of the operating system. Under the
leadership of prime minister Shinzo Abe, Japan is exerting lots of energy to increase
exports of infrastructure to 30,000 billion yen by 2020. The government plans
to establish organizations to back up the export of railway and airport and
fund them next year.
Japanese high speed bullet train by BBC
Acceleration to 501 km/h
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