Local News

Public highway corporations in Fukuoka and Saga prefectures are facing a deadline of the end of FY 2012 for the repayment of 17.2 billion yen in operating expenses, but the Nishinippon Shimbun reports the Fukuoka Public Highway Corporation is unlikely to repay all its liability of 13.6 billion yen. That makes it probable there will be a total of 3 billion yen in unpaid funds. The primary reason is that the initial estimates of demand for the use of the toll road were unreasonably high. The expenses were incurred in 1983 and were supposed to be repaid in 20 years.