RZD and China Railway have signed an agreement on the localization of rolling stock manufacturing in Russia.
The agreeement was signed during a meeting on Russian-Chinese talks, with the two presidents Vladimir Putin and Xi Jinping attenting. ‘We will coordinate the construction of the Moscow – Kazan high-speed railway before the year’s end, but a step in that direction has also been made today,’ Putin said.
The most important Russian rail project is Moscow-Kazan HSR, for which China has agreed to provide a RUB 400 billion (USD 6 billion). For the needed rolling stock, the Russian Government has announced that the tender should be launced in December 2016.
According to the schedule, the manufacture of the rolling stock is to be commissioned in December 2019, and at least 70 – 80% of the components have to be localized (in Russia).
A Russian-Chinese project is the establishment of a JV between Sinara Group CRRC Changchun Railway Vehicles to build trains for Moscow-Kazan HSR. The two companies are collaborating to develop the high-speed train concept and intend to localise 80% of train production.
The RZD First Vice President Alexander Misharin said earlier that 29 trains will be initially bought for the project. Further on up to 100 high-speed trains will be acquired and operated in Russia.
With a length of about 770 km, the line will be operated by trains running at the speed of up to 400 km/h.
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