About the conclusion of "agreement" between Japan Expressway Ownership and Debt Repayment Agency and Expressway Co., Ltd.

-Start of full-scale privatization-

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  • About the conclusion of "agreement" between Japan Expressway Ownership and Debt Repayment Agency and Expressway Co., Ltd.

March 31, 2006
Road Bureau, Ministry of Land, Infrastructure, Transport and Tourism
Japan Expressway Holding and Debt Repayment Agency
East Nippon Expressway Co., Ltd.
Central Japan Expressway Co., Ltd.
West Japan Expressway Co., Ltd.
Shuto Expressway Co., Ltd.
Hanshin Expressway Co., Ltd.
Honshu-Shikoku Expressway Co., Ltd.

  • As of March 31, 2006,
    1. Conclusion of an "Agreement" between Japan Expressway Ownership and Debt Repayment Organization (hereinafter referred to as "Mechanism") and Expressway Corporation (hereinafter referred to as "Company")
    2. Application for approval of “Business Implementation Plan” by the Organization and approval by the Minister of Land, Infrastructure, Transport and Tourism
    3. Application for "Business Permit" by the company and permission of the Minister of Land, Infrastructure, Transport and Tourism
    I did each.
  • With the above procedure, the Expressway business, which respects the autonomy of the company based on the privatization scheme, will start in earnest from April 1, 2006.

(Attachment)

  • In addition, about "agreement" "business execution plan" "business permission", etc., Ministry of Land, Infrastructure, Transport and Tourism Road Bureau homepage (http://www.mlit.go.jp/road/), so please refer to it.
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