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Russian government determines project parameters to reconstruct BAM and Transsib

Dmitry Medvedev has signed a resolution determining main parameters and mechanisms for the project to reconstruct and modernize the Baikal-Amur and Trans-Siberian main lines

MOSCOW, October 17 (Itar-Tass) - Russian Prime Minister Dmitry Medvedev has signed a resolution determining main parameters and mechanisms for the project to reconstruct and modernize the Baikal-Amur and Trans-Siberian main lines, the government website said.

The document is prepared by the Transport Ministry following the president's instructions.

The project must specify freight traffic indices, a mechanism to form tariffs, a scheme to develop the railroads and the infrastructure, volumes and sources of financing, a business plan and a financial model for reconstruction, modernization and further use.

The resolution approves a work schedule setting deadlines and indicates those who will oversee the implementation.