Economic Calendar

Sunday, October 5, 2008

Japan May Link Faster Narita Line to Tokyo Station, Nikkei Says

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By Chris Cooper

Oct. 5 (Bloomberg) -- Japan may extend a new rail link to cut travel time between Tokyo's business district and Narita airport to less than 30 minutes to improve the city's international competitiveness, the Nikkei newspaper said.

The government is considering an extension to add a stop at Tokyo station to the high-speed rail network under construction to link Narita and Haneda airports in less than an hour, Nikkei reported, without saying where it got the information.

A transport ministry committee will convene next year to decide details of the plan, which may cost more than 300 billion yen ($2.8 billion), the paper said.

Work under way on service operated by Keisei Electric Railway Co. will cut travel between Narita and Nippori, north of Tokyo's downtown, to 36 minutes from 51 minutes, according to the Web site of Narita Rapid Railway Access Co.

To contact the reporters on this story: Chris Cooper in Tokyo at ccooper1@bloomberg.net


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