According to William J. Swinton, Temple University International Business Studies in Tokyo, a high speed rail end point becomes an economic engine by:
- Creating transportation business opportunity for transportation companies like taxis and ride sahre
- Creating real estate development opportunities by encouraging hotels and businesses to build nearby.
When Tokyo’s Shinagawa train station was built there was little development, within 10 years, skyscrapers had risen & the Japanese company makes revenue by leasing space at the station to restaurants, shops, and hotels.
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