Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russian Railways Raises Issue Over Transsib Reconstruction
10.07.2013 11:45
Russian Railways Raises Issue Over Transsib Reconstruction
Photo Credit:

Russian Railways, the nation's railway monopoly, says the Kremlin's decision to revamp of the Transsib line be a hard one to implement.

      In his keynote address to the St Petersburg Economic Forum, the president announced a number of major infrastructure projects that will be financed through the National Welfare Fund. The reconstruction of the Transsiberian Route is one of them.

      Russian Railways, however, says the project will not pay back any time soon because it's mainly used by coal producers and tariffs are lower than the costs for the rail operator.

      Funds from the National Welfare Fund can be used only if they are paid back later. 

Author: Mikhail Vesely

Tags: Transsib BAM Russian Railways   

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

International Festival  Konstantin Ernst  Russian children  Russian business  Bashkortostan  Kazan  Moscow actions  Russia international  Exhibitions in Moscow  Veliky Novgorod  Festivals in Moscow  Russian artists  St. Petersburg  sanctions  Pavel Luspekayev  Russian opera singers  fountain  visa-free  Dmitry Moor  Crazy Russians  Federation Council  mobile communications  Russian Cinema  Mercedes-Benz Fashion Week Russia  Moscow International Film Festival  DNR  Moscow  Russian Premier League  Russian scientists  Street Art  birth rate  Russian science  Russian economy  Silver Gate  Winter Palace  The Queen  Russian Photographers  Kudrin   Yandex  Unusual Monuments  Russian tourism  Marina Makaron  Anatoly Zverev  Russian hockey  Museum of Contemporary History of Russia   invest  Russian parliament  Spartak Moscow  buy Russian designers  Russian airlines 

Travel Blogs
Top Traveling Sites