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