Jan 01, 2008 Japanese rail operator Central Japan Railway Co. (JR Central) has announced it will build the world's fastest maglev system, with 310mph (500km/h) vehicles running along a 180-mile (290km) track between Tokyo and central Japan. According to Reuters, the 5.1 trillion yen ($44.7bn) project will be completed by 2025, and while JR Central has not confirmed the final destination, previous reports suggested a "first phase" between Tokyo and the central industrial city of Nagoya, with a later extension to Osaka. Read More...