Okinawa Prefecture's Estimate Shows North-South Rail Benefit-Cost Ratio Exceeds 1, Differing from Cabinet Office Survey
Published
Okinawa Prefecture announced on the 26th the results of its survey conducted in fiscal 2025 on the effects of introducing a north-south railway line and related matters. According to the results, the approximate value of the benefit-cost ratio (B/C) exceeded 1.
The benefit-cost ratio is a figure that indicates how much benefit (profit or effect) is gained relative to the cost of a project. Generally, when the ratio is above 1, the benefits are judged to be greater than the costs. In this estimate, it is said that the introduction of the rail line would have a significant effect even under conditions of rising prices.
However, these results differ from the survey conducted by the Cabinet Office. There are differences between the prefecture's estimate and the Cabinet Office's figures, and the gap between them is drawing attention.
The north-south railway line is a major project related to Okinawa Prefecture's transportation policy. The results of this estimate are expected to serve as an important reference in the ongoing discussions about the railway plan.
Sources: 琉球新報デジタル
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