Who owns bullet train?
Who owns bullet train? Beyond long-distance travel, some sections around the largest metropolitan areas are used as a commuter rail network. It is owned by the Japan Railway Construction, Transport and Technology Agency and operated by five Japan Railways Group companies.
Does the bullet train make a profit?
For example, most of the companies that run Japan's Shinkansen or bullet train lines operate at a profit, as do some fast trains on France's state-owned SNCF network.
How did Japan pay for bullet train?
The cost of constructing the Shinkansen was at first estimated at nearly 200 billion yen, which was raised in the form of a government loan, railway bonds and a low-interest loan of US$80 million from the World Bank.