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Russia invites China to CIS transport corridor management project

September 30, 2013, 20:59 UTC+3
“These projects still need finalisation, and we will provide more detailed information about them on October 21 this year,” said the RCSC head
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BEIJING, September 30 (Itar-Tass) - Russia has invited China to participate in a project to create the system of management of transport corridors through the countries of the Commonwealth of Independent States (CIS), the cost of which exceeds 28 million US dollar, head of the Russian Centre of Science and Culture (RCSC) in Beijing Viktor Konnov told Itar-Tass.

“Today we had an unusual event at the centre. Usually we organise concerts, exhibitions and performances. However, the promotion of investment cooperation between Russia and China is also one of the centre’s objectives,” said Konnov. “For this reason, today we have invited Chinese businessmen to take part in the project for the creation of a hardware and software complex for the management of the international transport corridors passing through the CIS member states’ territory, which is planned to be implemented by 2020.”

“This project involves Russia, Belarus and Kazakhstan. Their investment in the project is 12 million US dollars, 8 million US dollars and 8 million US dollars, respectively,” said the RCSC head. “And the governments of Russia, Belarus and Kazakhstan are interested in attracting capital to the project from other countries, including China,” Konnov added.

A total of 17 innovative programmes of cooperation in the spheres of information technology, medicine, ecology, energy, were also presented to Chinese investors within the framework of presentation of pilot innovation cooperation projects. “These projects still need finalisation, and we will provide more detailed information about them on October 21 this year,” said the RCSC head.

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