During a meeting organized by Russian Railways, Sergey Shatirov the deputy chairman of the Russian Council Committee on Economic Policy said that the suburban railway transport needs urgent investment for rolling stock acquisition, in order to retire the old vehicles. This process requires de development of economic mechanisms to allot investments in these projects.
According to him, one of the most important tasks is the adoption of operational decisions related to the development of suburban passenger transport. An important step it was the review of the law to establish a “zero VAT” rate for railway transport in suburban areas, and a coefficient of 0.01 for the tariff for infrastructure services. This legislation is available for Russian Railways until 2030.
Akulov Mikhail, Vice-President of RZD’s passenger traffic said that the problem on the rolling stock acquisition is not only at regional transport level, but also for long distance transport. Due to the review of law regarding the tariffs (for transport services and infrastructure charges), the company had the opportunity to purchase 234 new passenger cars, in 2016.
According to Akulov Mikhail, the governmental commission on transport has to develop a new methodology for return on invested capital formula and should create financial instruments for the accumulation of funds allowing suburban operators to directly purchase rolling stock. At the same time, to improve the economic efficiency of such purchases, leasing mechanisms will need to be optimised.
Russian Railways proposed the introduction of renewal of suburban rolling stock issue at the parliamentary hearings.
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