Economic Revitalization through the Transportation Industry : Exploring New Business Opportunities and Job Creation within the Transportation Sector [October 20, 2010]

Wednesday, October 20, 2010

Seminar 3:00 PM – 6:00 PM
Reception 6:00 PM – 7:30 PM

The Mayflower Renaissance Washington
1127 Connecticut Ave. NW Washington, DC 20036


Economic uncertainty still remains a heavy burden on the revitalization of the economy. Transportation Secretary Ray LaHood repeatedly mentions that job creation in the transportation sector is one of the most important tasks, and that effective measures must be taken as soon as possible.

The transportation industry covers a broad area. Not only does it cover transportation service itself, but also a variety of related businesses, including construction/maintenance of facilities, production of rolling-stocks/vehicles, and development of commercial facilities. Therefore, this sector has the potential to contribute to the revitalization of the economy in various ways. For example, in Japan, commercial developments inside/around the stations have achieved great success; the extension of the Washington Metro creates many jobs and offers new business opportunities; Japanese manufacturers are expanding their business in the U.S., which gives positive impacts on regional economy.

In this seminar, we will study how the transportation industry is involved with economic revitalization by sharing information and experiences from both countries, as well as discuss future developments of the transportation industry.

-Makoto Washizu, President, JITI, USA

-Kenichi Higo
Director, Business Innovation Department
Tokyo Metro Co., Ltd.

[Commercial Use of Underground Space]

-Gary Malasky
Senior Real Estate Advisor, Department of Planning & Joint Development
Washington Metropolitan Area Transit Authority

[New Developments of Metrorail]

-Mitsuo Higashi
Director, International Department
East Japan Railway Company (JR East)

[Commercial Development around Stations and IC-card use at Commercial Facilities]

-Hiroshi Sugiura
Executive Director
Metropolitan Intercity Railway Company

[Impacts of New Lines on Regional Economy (Tsukuba Express Case)]

-Maurice Andriani
Senior Manager, Aftermarket and Special Projects
Kawasaki Rail Car, Inc.

[Job Creation by Manufacturers]


- Clifford Winston (Moderator)
Senior Fellow, Economic Studies Program
The Brookings Institution


-Keynote Speakers