NAGOYA – Central Japan Railway Co. (JR Tokai), will probably create a U.S. subsidiary as it sets about bringing the shinkansen to Texas, Koei Tsuge, the company’s president, has said.
The planned new unit will provide technological assistance to Texas Central Partners LLC (TCP), which is in charge of fundraising and other activities related to the project, Tsuge said.
Specifically, the subsidiary, to be set up in the first half of this year, will advise the Texas company on the project’s design and system, he said.
The project calls for linking Dallas and Houston in about 90 minutes, using trains based on the N700-series shinkansen. The 386-km line is expected to open in 2022.
Initial drafting is underway for the project. It is also at the stage of funds procurement.
Tsuge said about 20 staff, mainly engineers, will provide technological support to TCP.
“We will secure experts in technologies related to railway tracks and signals, train cars and electricity supply” to support TCP, Tsuge said. Human resources may come from both the new subsidiary and JR Tokai’s office in Washington, he indicated.