Japan offers to lend US half the cost of 'Super Maglev' train between Washington and Baltimore

Julian Ryall, reporting for The Telegraph:

Tokyo is so keen to show off its technology that it will provide loans for half the estimated $8 billion (£5bn) cost of installing the tracks, Japan’s Asahi newspaper said on Tuesday.

Masahiro Nakayama, a general manager at Central Japan Railway Co, told The Daily Telegraph that the American federal government was keen, and that the state authorities were especially enthusiastic about the project.

That’s nice, but just like the hyperloop, it glosses over the cost of land acquisition, which will surely dwarf the cost of the loan.

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