Japan Offers to Lend US Half the Cost of ’Super Maglev’ Train Between Washington and Bal

Thu January 09, 2014 - National Edition
CEG




The London Telegraph is reporting that the Japanese government has promised to lend the United States half of the cost of building the first "Super-Maglev" train, reducing travel time between Baltimore and Washington DC to just 15 minutes.

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.

The full story can be found here.