BRICS New Development Bank (NDB) is interested in the Russian Railways’ proposal to invest in Russia’s first high-speed railway line between the cities of Moscow and Kazan, Sputnik reports.
“I confirm that Russian Railways asked us whether we are interested in financing this high speed railway. We will consider it, but now it is too early to say whether we will provide financing because we haven’t received detailed information yet,” NDB Vice President Zhu Xian said.
The Moscow-Kazan HSR is valuated at USD 20 billion and will be over a 770 km route.
Photo: RZD
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