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Showing posts with the label russia high speed rail

$157 BILLION for High Speed Rail in Russia

Think Russia - Russian Railways announced plans recently to build more than 5 trillion rubles ($157 billion) worth of new high-speed rail links between Russia’s major cities, part of a larger push to make travel more convenient and comfortable in the country. As the world’s largest nation by land mass, and one that historically loves trains, Russia hopes rail development represents the perfect solution to help meet growing demand on the country’s travel infrastructure as it gears up to host international events like the Sochi Olympics and 2018 World Cup. Under the Strategy for Developing Rail Transport, signed by President Putin in June 2008, the amount of high-speed rail track in Russia will grow almost 17 times over, from the current 650km of track to 10,887km. The new high-speed routes will connect Moscow to St. Petersburg, Sochi and Kazan, with an extension to Yekaterinburg. Russian Railways says the new trains will significantly reduce passenger journey times, improve jou...

Russian Railways Plans to Build $157 Billion of High-Speed Links

OAO Russian Railways is planning more than 5 trillion rubles ($157 billion) of high-speed rail links as the world’s largest country by land mass plans to host the 2018 soccer World Cup. “Building high-speed rail links is a brand new trend for the development of our economy,” Russian Railways Chief Executive Officer Vladimir Yakunin said in Sochi, the Black Sea city that will host the 2014 Winter Olympics. Russia’s ambitions to hold world sporting events is forcing the government to expand the national transportation system. The country doesn’t have a single high-speed rail line, while Japan introduced the world’s first service in the 1960s, according to data from OAO High-Speed Rail Lines, a unit of RZD as the Russian rail monopoly is known. State-owned Russian Railways plans the routes from Moscow to St. Petersburg, Sochi and Kazan, with an extension to Yekaterinburg near the border of Europe and Asia. The company is trying to start the pilot link to Kazan in time to race soccer fa...

Rail Still At the Heart of Russian Economy

At a time of development planning and uncertainty over the country's future economic direction, the rail system retains a centrality in Russia's security and economic position. Despite developments in transportation over the 20th century - the evolution of modern vehicles and airplanes, and the increasing access of the world's population to inexpensive car ownership and flight - sea and rail are still the most efficient ways to carry large quantities of goods over long distances. Passenger rail is also essential to economic growth - not just for travel and tourism, but also for mobility of the labor force, said officials and analysts at last month's Passenger Forum at RIA Novosti. For urban development in particular, integrated "intermodal" transportation systems are necessary to relieve Moscow's notorious congestion. "The main thing is access, quality and comfort of passenger services, toward which the developed transportation strategy project i...