NAGOYA, Japan -- A ultrahigh-speed train project that will connect Tokyo and Nagoya is set to exceed the previous cost estimate by roughly 4 trillion yen ($26.3 billion) due to rising material and labor expenses and construction complications.
Transportation
Japan maglev train faces $26bn cost overrun, uncertain start date
Tokyo-Nagoya rail project hit by rising costs of steel, mountain tunnel
The Tokyo-Nagoya maglev line is tentatively scheduled to open in 2035, but a definite start date remains up in the air. (JR Tokai)
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