Russia faces $23 billion bill for rail expansion in remote Asian regions ...News

News by : (Russia Today) -
The country is actively improving infrastructure to boost freight capacity amid a rise in trade Russian Railways (RZD) has unveiled the cost of a planned expansion of the country’s key freight transport corridors, BAM (the Baikal Amur Mainline) and TransSib (the Trans-Siberian railroad). According to a report by business daily Kommersant on Monday citing internal RZD documents, the project will cost roughly 2.2 trillion rubles ($23.6 billion). The company plans to boost the freight capacity of the arteries from the current 197 million tons to 255 million tons. The expansion plans include the construction of railro

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