China has been at the forefront of high profile development projects for many decades. In fact, many nations particularly in Africa have engaged Chinese nationals in a majority of their projects. This in return has benefited China in that it can easily tap into the natural resources found in Africa. Notably, the demand for commodities such as petroleum has continued to increases in China.
However, Japan has decided to take on China by diverting its investment to serve African infrastructure projects. Nonetheless, it will not plunge into natural resources. Instead, Japan has chosen a different path and projects.
Read below some of the projects Japan has chosen to explore for the next couple of years: –
- National Olympic Stadium in Tokyo.
The stadium, currently under construction will spend close to $1.26 billion. It first came into the limelight after hosting the Summer Olympics in 1964. Its current design is in harmony with the immediate surroundings even as architects continue to prepare it for the hosting of the 2020 Summer Olympics.
- Shinkansen High-Speed Rail between Malaysia and Singapore.
For a very long time, the iconic high-speed rail travel system has remained a connection of cities in Japan. However, Japan has successfully extended it to Malaysia and Singapore, a project expected to conclude in 2026. This will surprisingly reduce the travel time with up to 1hour and 30minutes against the traditional trains, which take close to 5hours. It is costing $17 to $20 billion.
- Shinkansen in Texas.
There are underlying plans to introduce a high-speed connection travel rail between Dallas and Houston. According to investors, the rail, which will cost close to $40 Million, will awaken the flat Texas plains.
- Tokyo 2045: TBD
Japan is equally prone to climate change such as rising seas, which are sometimes very sensitive. As a result, architects are quickly coming up with 2045 vision for Tokyo, which will entail designs of hexagonal pads. These are considered high enough to offer housing to as many as 55,000people.
- Chennai Metro Rail Limited in India
Given then emerging potential in the Indian market, the initiative is strategic. It will connect the Indian to the Pacific oceans at a cost about $9.8 million.
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