The Japanese government has promised to lend the United States half of the cost of building the first “Super-Maglev” train, reducing travel time between Baltimore and Washington DC to just 15 minutes. Tokyo is so keen to show off its technology that it will provide loans for half the estimated $8 billion cost of installing the tracks.
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Japan offers to cover half the cost for ‘Super Maglev’ train in the U.S.
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Published January 9, 2014
TECHi's Take
Could high speed trains, long envisioned to connect America’s vast expanses and decongest its axes of commute, soon become a reality. The Japanese government is so keen on its Super-Maglev (magnetic levitation) technology that it has offered to partially fund construction of a train that will reportedly travel from Baltimore to Washington, D.C. in 15 minutes, according to The Telegraph. The 38-mile journey from Baltimore to D.C. now takes approximately 45 minutes on Amtrak.
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