Effects on Figure 2 | First phase of Indonesian High-Speed Railways, Jakarta-Bandung | Japanese Bullet Train, Shinkansen |
Priority of the investment | Improving existing conventional railways service to connect Java Economic Corridor | Solution for “traffic hell” in 1950 |
Building Cost and Employment effects | Construction cost: approximately 22 million Euros | Construction cost of Tokaido line: approximately 3 billion Euros |
Travel time and cost attractiveness | From 3 hours to 0.5 hours | Tokaido-Osaka: from 6.5 hours to 3.17 hours |
Change in travel behaviour | Car and Bus move to Railways | 85% passengers from conventional lines move to Shinkansen |
Accessibility | Connectivity of new area and connection of new airport. | Opening accessibility of smaller cities between Tokyo-Shin Osaka |
Labour Supply and Product Expansion | - | Job losses in medium/intermediate city, if any, only generate 8% employment of Kanagawa district |
Agglomeration | - | 4 new clusters |
Area Competitiveness | - | Inducing growth and increasing land values through policy guiding markets. |
GDP | - | Values: 3.9 billion Euros in 2003 |