Hitachi/Kawasaki/Toshiba: Rapid increase in overseas railway orders!

(Photo: Yomiuri Shimbun)

Hitachi/Kawasaki/Toshiba: Rapid increase in overseas railway orders!

-Ensuring safety and efficient transportation with an accurate operation system-

Hitachi/Kawasaki/Toshiba:

Japanese railway-related manufacturers are stepping up their offensive overseas.

This is because interest in trains, which emit less CO2, is growing around the world due to population growth and decarbonization.

Features of Japanese Railways:

Lighter and less power consumption than overseas manufacturers. We also have a track record of operating high-speed trains on the Shinkansen.

A precise operation system can efficiently transport a large number of personnel.

(Photo: Yomiuri Shimbun)

Hitachi, Ltd.: Vice President Yoshihiko Kawamura

In the fiscal year ending March 2023, railway business sales increased 17% year-on-year to 736 billion yen.

Due to the normalization of the economy from the corona disaster, railway investment is recovering, mainly overseas.

Kawasaki Heavy Industries:

In October last year, the company received an additional order for 640 new subway cars from the New York City Department of Transportation.

The amount of orders received by New York City is 1.7 billion dollars (240 billion yen), and when combined with orders in 2018, the total is 3.2 billion dollars.

There is also an increase in demand for trains due to the concentration of population in urban areas and decarbonization.

Ministry of Land, Infrastructure, Transport and Tourism of Japan:

Due to environmental issues and traffic congestion, the global railway market will average 32 trillion yen in 2025-2027, a 20% increase from 2019-21.

ZRyzner/Shutterstock.com

“Infrastructure Investment Law” passed:

In November 2021, the “Infrastructure Investment Act” for investment in aging facilities was enacted in the United States.

The US government will spend $66 billion (¥9.2 trillion) on railroad modernization over five years.

Breakdown of ‘one of the largest infrastructure bills in U.S. history’

Transportation = $39 billion:

24,000 buses, 5,000 railcars, and track repairs.

Amtrak = $66 billion:

He helped build high-speed rail, improve safety, and modernize the Washington-Boston section.

https://forbesjapan.com/articles/detail/44320

Head of Hitachi Railway Division: Mr. Giuseppe Marino

In October last year, it announced the construction of a rolling stock factory in Maryland, USA, for $70 million.

Manufacture a maximum of 800 subway cars for the Washington, D.C. metro.

We will expand our business globally, centering on the huge North American market.

https://www.yomiuri.co.jp/economy/20230526-OYT1T50327/