Chapter6. Construction, Real Estate, Chapter6. and Transportation Industries
The number of business establishments in the
construction industry in the city was 8.691 as of June 1. 2004.
accounting for about 1.5% of the national total. In terms of the
number of business establishments. the industry declined by 7.4%
from 2001 to 2004. By segment in this industry. however. the construction
and refurbishing segment almost doubled from 2001 to 2004.
The value of construction investment in the
Greater Nagoya Area has been declining due primarily to the stagnant
economy triggered by the collapse of the bubble economy.Private
investment has shown signs of a slight recovery since2003.On theother
hand. public investment started to decrease sharply from 2003.
and in FY 2004 fell to the lowest levels in the past 10 years.
The number of new housing starts in Nagoya City
peaked in 2000. the year following the introduction of the home
buyers’ taxbreak. but has been falling since 2001. In 2004. itwas
23,605. down about 13% from 2000.
The real estate industry in the city had 6,225
business establishments and 25,152 persons engaged as of June
1.2004. Incomparison with 2001.it has decreased by 4.2% in the
number of business establishments and by 6.6% in the number of
persons engaged.
The transportation industry of the city had
2,530 business establishments and 68,712 persons engaged as of
June1. 2004. In comparisonwith 2001. it decreased by 8.6% in the
number of business establishments and by 5.0% in the number of
persons engaged.
A comparison of the three major metropolitan
areas in the number of transported passengers shows that public
transportation accounts for around 60% in and around the Tokyo
Metropolitan area and the
Keihanshin (Kyoto-Osaka-Kobe) area. while it accounts for less
than 30% in and around Nagoya.which depends more on private cars.
In
FY 2004. the volume of cargo which departed from or arrived in
Aichi Prefecture was 466.40 milliontons. of which about half was
moved within the prefecture. In transportation from/intoAichi
Prefecture.Gifu Prefecture accounts for the largest proportion
among neighboring prefectures. Meanwhile. outbound/inbound flowswith
Shizuoka Prefecture have increased significantly since2003.Outbound/inbound
flows with the Tokyo and Osaka areas have also been on the rise.
