Recently the Yomiuri News on-line reported the following:
On the 20th the government, with regard to the new station construction development plan, had specified the redevelopment area surrounding the Yamanote Line between Shinagawa - Tamachi Station (Minato district Tokyo) of JR East Japan as a "specific urban redevelopment emergency development area" which would receive special development due to its important role in strengthening Japan's global competitiveness.
Taxation system support etc would be offered to redevelopment project companies, and the welcoming voice of "accelerating the redevelopment which include the new station" was heard from the people who had connection with this project.
Having been specified was the 184-hectare redevelopment area around Shinagawa and the Tamachi Station. Because of the internationalization of the Haneda Airport and the maintenance of the linear central Shinkansen were progressing, urgent maintenance was needed for "a new base which connects to Tokyo internally and also to overseas countries".
According to the Ministry of Land, Infrastructure, Transport and Tourism etc., deregulation was allowed over a building that could be built over the existing roads in a form specified; also taxation system support was provided by offering deducting of half the sum of a fixed property tax, or the real estate acquisition tax, so as to back up the redevelopment.
Japan is spending money on improving its infrastructure in public transport, despite its weak economy.