JR Tokai Sets Up Unit in Texas for Bullet Train Project

Economy

Nagoya, Sept. 5 (Jiji Press)--Central Japan Railway Co. <9022>, or JR Tokai, has set up a wholly owned subsidiary in Dallas, Texas, in an effort to win orders related to a project to build a high-speed railway in the U.S. state.

The new company, named High-Speed-Railway Integration Corp., or HInC, was established in late August with a capital of one million dollars.

JR Tokai, the operator of the Tokaido Shinkansen bullet train line linking Tokyo with Osaka, has been providing technical support for the planned 385-kilometer high-speed railroad connecting Dallas and Houston, which is expected to employ the Shinkansen system.

The support covers operational planning and designing of train stations and related facilities.

JR Tokai has formed a consortium with Hitachi Ltd. <6501> and Mitsubishi Heavy Industries Ltd. <7011> with the aim of winning orders from Texas Central Partners LLC, the operator of the project.

[Copyright The Jiji Press, Ltd.]

Jiji Press