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Russian government to provide additional funding for HSR line
Published: Thu, 2015-01-08 17:12-
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Amounts to $150 million
The Russian government will provide up to 6 billion rubles (US$150 million) for the design and building of a new Moscow - Kazan high-speed line in 2015, according to state press-service.
According to an official spokesman of the Russian government, the majority of funds will be allocated on the organization of a tender for the execution of survey and design works of the new rail line, after completion of which construction works will be started.
Analysts of the Russsian Ministry of Transport believe that building of the new rail line is an acute need as the existing Sapsans and Lastochka high-speed trains are not currently used in full.
In order to unlock their potential, there is a need to establish a new railway track with AC power, as well as to liquidate intersections with roads.
The government plans to use the experience of China, where in recent years the capacity of high-speed railways has significantly increased
Av Eugene Gerden
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