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RUB 12.5-18.7 trillion to be invested in developing Russian railways until 2030

The Russian Ministry of Transport and Russian Railways (RZD) agreed an updated version of the strategy for developing rail transport up to 2030. The conservative scenario assumes an investment of RUB 12.5 trillion up to 2030 and a 44% increase of the loading volume on RZD’s network, compared to 2013, reaching 1.78 billion tons. While the innovative scenario assumes an investment of  RUB 18.7 trillion and a 61% increase of the loading volume on RZD’s network, up to 2 billion tons. By 2030, the speed of cargo delivery will increase by 35% compared to the speed registered at the end of September, to 400 km per day.   

According to the new version of the strategy, the total cost of Moscow – Kazan HSL project will amount to RUB 1 trillion and the total investments in Moscow – Tver railway line will reach RUB 199.7.  The new extensions are Kazan – Yekaterinburg, Tver – St. Petersburg (RUB 166.7 billion) and Moscow-Adler (RUB 1.4 trillion).

Among the key projects in strategy are: the development of transport infrastructure at the Eastern Railways landfill and related facilities and services (RUB 586 billion), Moscow Transport Hub (RUB 323.9 billion), investments in Crimea’s infrastructure (RUB 135.4 billion rub., excluding the construction of the bridge across the Kerch Strait).

Funding for the projects will be provided by the government, Russian Railways and private investors.

Photo: RZD

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