An expert meeting of the Ministry of Land, Infrastructure, Transport and Tourism was held regarding the development of the Shin-Hakodate Hokuto and Sapporo section of the Hokkaido Shinkansen, which is aiming to open at the end of fiscal 2030. .
Construction work is underway between Shin-Hakodate Hokuto and Sapporo on the Hokkaido Shinkansen, aiming to open at the end of 2030, but according to the Ministry of Land, Infrastructure, Transport and Tourism, there are concerns that construction costs will increase due to soaring material prices.
Under these circumstances, a meeting of experts such as experts established by the Ministry of Land, Infrastructure, Transport and Tourism held its first meeting on the 30th.
Under these circumstances, the person in charge of the Ministry of Land, Infrastructure, Transport and Tourism said that the cost of the project would increase in the future due to soaring material prices, the increase in the consumption tax rate since construction was approved 10 years ago, and construction on loose ground. I explained the potential impact on overall costs.
Experts expressed their opinions to consider ways to reduce the cost of construction work.
The Advisory Board will proceed with a detailed examination of the impact on project costs.