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- W565244890 abstract "In Japan, an arterial nationwide expressway network is constructed and administered as a toll road by Nihon Doro Kodan (the Japan Highway Public Corporation). Since the year of 1963 when the first toll expressway was opened to traffic, the network has been extended to 4,870 km (as of March 1991), and is scheduled to eventually reach 11,520 km by the beginning of the 21st century. The financial management of the whole expressway system has been very successful. The cumulative total investment for the construction reached 14 trillion Yen at the end of FY 1990, and only 7 % of it was subsidized by the national budget for the purpose of maintaining a constant interest rate for the repayment of raised funds. This paper introduces firstly the background of toll roads in Japan and the present state and future plan of the network, and then describes the financial management of the toll expressway network, including the investment and redemption strategies. For the covering entry of this conference, see IRRD abstract number 843191." @default.
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- W565244890 date "1992-01-01" @default.
- W565244890 modified "2023-09-27" @default.
- W565244890 title "TOLL EXPRESSWAY MANAGEMENT IN JAPAN" @default.
- W565244890 hasPublicationYear "1992" @default.
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