Effects of Road Construction on Mies Economy Effects of Road - PowerPoint PPT Presentation

Effects of Road Construction on Mie’s Economy

Effects of Road Construction on Mie’s Economy Yoro JCT Maibara JCT Daian IC Tokai-Kanjo Expressway Toin IC Shin-Yokkaichi Nagoya-Nishi JCT JCT Meishin Expressway Komono IC Isewangan Yokkaichi Suzuka PA Expressway JCT Shin-Meishin Smart IC Expressway Kameyama- Nishi JCT Higashi Meihan (routes running in Mie Prefecture) Expressway Kameyama JCT Kusatsu JCT Number of occurrences of traffic congestion Time required to drive on the Higashi Meihan Expressway between junctions (Yokkaichi JCT – Kameyama JCT) 45 min 1.279 times Approx. Reduction 90% of up to 25 min reduction 20 min Before opening of After opening of Before the opening of After opening of Shin-Meishin Expressway Shin Meishin Expressway Shin Meishin Expressway Shin-Meishin Expressway (2017) (expected) (with congestion on a (with no congestion) holiday) 4 * Source: Website of Central Nippon Expressway Company Ltd.

Effects of Road Construction on Mie’s Economy Development of industrial park anticipating opening of the Manufacturing industries are flourishing in Mie Prefecture Shin-Meishin Expressway <National ranking> Daian Land readjustment project Tokai-Kanjo Area: 46.6ha Value of manufactured Expressway 10 th Factory site area 2 nd Construction start in goods shipment FY2019 (1,000 m 2 or more) Nagoya- Toin (Business establishments with Shin- Nishi four employees or more) Yokkaichi Land readjustment project * Source: METI in 2016 * Source: METI, 2016 Area: 17.7ha Opening of Shin-Meishin Expressway and extension of Yokkaichi Construction start in Komono IC Tokai-Kanjo Expressway FY2019 Suzuka PA Higashi-Meihan Expressway Shin- Smart IC Mie Prefecture Meishin Chubu region Kansai region Kanto region Improved accessibility both Suzuka IC Industrial Kusatsu Kameyama eastward and westward Kameyama- Park Nishi <All Units Taken> Trends of factory construction by companies from outside Mie Prefecture (new construction and Matsusaka- expansion) shi Newly established Expanded factories factories (Unit: Number of constructions) 31 29 28 26 12 6 Arranging business meetings with local 10 6 Gestamp Hot Stamping Japan companies 23 20 19 Inabe-shi Toin-cho 18 Around 30 factories are newly established or expanded each year 2015 2016 2017 2018 ※ Prepared based on data on factory location trends by year Yamazaki Mazak Manufacturing Hamaotome 5 and area released by Mie Prefecture

Effects of Road Construction on Mie’s Economy Areas along the Tokai-Kanjo Economic benefits of extending the Tokai-Kanjo Expressway Expressway (Inabe-shi) Yoro Maibara Gifu Prefecture Daian Inabe-shi Tokai-Kanjo Expressway Nagoya-Nishi Toin Meishin Yokkaichi Komono IC Isewangan Shin- Suzuka PA Aichi Mie Yokkaichi Expressway Prefecture Smart IC Daian IC Prefecture Shin-Meishin (routes in Mie Prefecture) Higashi-Meihan Industrial park Kusatsu Kameyama Kameyama- complexes Nishi Toin IC Tokai-Kanjo Expressway Shin- Yokkaichi Number of companies that have located Number of employees at companies their factories in industrial park located in industrial parks Approx. Approx. (Unit: persons) (Unit: number of companies) 1.8 times 1.2 times 13,200 46 11,200 26 Relocation and construction of new Inabe 1996 2018 1996 2018 Branch (May 27, 2019) (Before start of (before start of 6 construction) construction)