Russia to invest USD 700 mln for railway modernisation in East-Siberian region

russiaRussian Railways will invest RUB 42.8 billion (USD 722 million) for East-Siberian railway infrastructure, representing a 7.8% increase compared with 2016.
Among the key projects of the East-Siberian railway investment programme includes the modernisation railway infrastructure and traction substations, the reconstruction of bridges and stations.
In 2016, the volume of the investment in the region was  was RUB 39.5 billion (USD 665.5 million). Last year it was commissioned Stretches Predlensky – Chudnichny, Chudnichny – Starry, Taksimo – Lodja Lodja rail sections, the gauge change at the 102-105 kilometers section of the Shakhta – Ilyinsk line, on the western coast of Sakhalin Island and it was put into operation a new locomotive depot.


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