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  4. National Land Creation in the Maglev Era

2018 Vol.4
National Land Creation in the Maglev Era


The Chuo Shinkansen maglev line, which is scheduled to open in 2027, is ground-breaking social capital that will have an economic impact of at least JPY10.7 trillion. The dramatic shortening of travel times will engender a structural change in the nation’s landscape and open diverse choices for the location of industrial and residential functions. The Chuo Shinkansen will have a huge impact on Japan’s economy and land. In order to prepare the land to amplify the benefits obtained, multimodal nodes would be effective in terms of social capital. In terms of economic activity, it is necessary to encourage investments in various functions with the aim to balance economic efficiency and a rich lifestyle.