Japan Bullet Train
After beating China by winning the contract to build a $15 billion rail in India, Japan is setting its sights on selling its bullet trains to a high-speed line being planned between Singapore and the Malaysian capital.
Japanese Transport Minister Keiichi Ishii told reporters Tuesday in Tokyo the government supports the bid, which would create a new market for companies such as Hitachi to Mitsubishi Heavy Industries.
Ishii said cooperation between the government and business had been instrumental in winning last week’s deal with India.
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