JR Tokai and Shizuoka Prefecture sign agreement enabling Maglev construction to start in Shizuoka section
Automotive & TransportShizuoka
JR Central (JR Tokai) signed an agreement with Shizuoka Prefecture under the prefecture's nature conservation ordinance, satisfying the final requirement to begin construction of the Shizuoka section of the Chuo Shinkansen maglev line. This was the last unstarted section between Tokyo/Shinagawa and Nagoya, and construction could begin within the year, resolving a years-long standoff over water resource protection for the Oi River.
Iino Kaiun completed construction of the 93,000 cubic meter LPG/ammonia Very Large Gas Carrier LUMI AURORA at Hanwha Ocean's Okpo shipyard in South Korea. The LPG dual-fuel vessel is the company's third of its kind and is designed to reduce CO2 emissions while supporting winter navigation in the Baltic Sea.
Suzuki Motor Corporation held the opening ceremony for its Indian subsidiary Maruti Suzuki India's newly built four-wheel vehicle plant in Kharkoda, Haryana. The facility currently has annual production capacity of 500,000 vehicles and is planned for expansion to approximately 1 million vehicles; the opening notice documents a completed manufacturing capex project.
Toyota Kirloskar Motor plans a total investment of ¥128.9 billion in production equipment and related facilities at its Bangalore, India site. The disclosure does not specify the construction schedule or added production capacity.
Toyota Motor Europe plans to invest in production equipment at its Brussels, Belgium facility. The securities report lists a total planned investment of ¥107.5 billion, funded with the company's own funds; no construction schedule or capacity increase is disclosed.
Toyota Motor Manufacturing Canada plans to invest in production equipment and related assets at its Cambridge, Ontario facility. The disclosure reports a total planned investment of ¥70.8 billion, funded internally; no construction schedule or capacity increase is provided.